Section 46:38A-40 - Liability of custodian to third personsA custodian is not personally liable:
a. 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; orb. For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.