Mich. Comp. Laws § 554.538

Current through Public Act 39 of the 2024 Legislative Session
Section 554.538 - Rights, powers, and authority over custodial property; limitation

A custodian, acting in a custodial capacity, has the rights, powers, and authority over custodial property that an unmarried adult owner has over his or her own property, but a custodian may exercise those rights, powers, and authority in that capacity only. This section does not relieve a custodian from liability for breach of section 17.

MCL 554.538

1998, Act 433, Imd. Eff. 12/30/1998.