Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
Section 9:763 - Powers of custodianA. 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.B. This Section does not relieve a custodian from liability for breach of the provisions of R.S. 9:762.Acts 1987, No. 469, §1, eff. Jan. 1, l988.Acts 1987, No. 469, §1, eff. Jan. 1, l988.