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Tenn. Code Ann. § 35-7-118

Liability to third persons

Known as the Tennessee Uniform Transfers to Minors Act

The act spans §§ 35-7-101 to 35-7-126 (26 sections).

Acts 1992, ch. 664, § 1; T.C.A. § 35-7-218.

(1) A claim based on: A contract entered into by a custodian acting in a custodial capacity;

(2) An obligation arising from the ownership or control of custodial property; or

(3) A tort committed during the custodianship; may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable therefor.

(4) A custodian is not personally liable: On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or

(5) For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.

(6) A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.