1. Custodial capacity. 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. [PL 1987, c. 734, §2 (NEW).] 2. Liability. This section does not relieve a custodian from liability for breach of section 1663. [PL 1987, c. 734, §2 (NEW).]
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