Alabama Code (Last Updated: November 28, 2014) |
Title35 PROPERTY. |
Chapter5A. UNIFORM TRANSFERS TO MINORS ACT. |
§35-5A-14. Custodian has rights and powers that unmarried adult would have as to property.
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(a) 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.
(b) This section does not relieve a custodian from liability for breach of section 35-5A-13.