Section 54.878. Powers of custodian.

Latest version.

(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 s. 54.876 .

1987 a. 191 ; 2005 a. 387 s. 539 ; Stats. 2005 s. 54.878.

                    
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