Powers of custodian
Known as the Florida Uniform Transfers to Minors Act
The act spans §§ 710–710 (24 sections).
Applied in 1 court decision — leading case Charles Schwab & Co., Inc. v. Marilley (2026)
Most recently applied in Charles Schwab & Co., Inc. v. Marilley (January 2026)
History.--s. 1, ch. 85-95.
(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. 710.114.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.