(1) A custodian, acting in a custodial capacity, has all the rights, powers, and authority over custodial property that unmarried adult owners have over their own property, but a custodian may exercise those rights, powers, and authority in that capacity only.
(2) This section does not relieve a custodian from liability for breach of KRS § 385.122.
Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 182, sec. 13, effective July 15, 1986.