GEORGIA CODE (Last Updated: August 20, 2013) |
Title 44. PROPERTY |
Chapter 5. ACQUISITION AND LOSS OF PROPERTY |
Article 5. THE GEORGIA TRANSFERS TO MINORS ACT |
Section 44-5-123. Custodian's rights, powers, and authority over custodial property; liability for breach of Code Section 44-5-122
Latest version.
- (a) A custodian, acting in a custodial capacity, has all the rights, powers, and authority over custodial property that adult owners have over their own property, but a custodian may exercise those rights, powers, and authority in that capacity only.
(b) This Code section does not relieve a custodian from liability for breach of Code Section 44-5-122.
Code 1981, § 44-5-123, enacted by Ga. L. 1990, p. 667, § 1.