Mo. Rev. Stat. § 404.067

Current with changes from the 2023 Legislative Session

Section 404.067 - Liability to third persons

1. A claim based on:

(i) a contract entered into by a custodian acting in a custodial capacity,

(ii) an obligation arising from the ownership or control of custodial property, or

(iii) a tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in the custodial capacity.

2. A custodian is not personally liable:

(1) 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

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

3. 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.

§ 404.067, RSMo

L. 1985 S.B. 35, et al. § 9