Custodian’s exercise of powers and authority over custodial property
Known as the Mississippi Uniform Transfers to Minors Act
The act spans §§ 91–91 (25 sections).
Laws, 1994, ch. 416, § 14, eff from and after January 1, 1995.
(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 Section 91-20-25.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.