Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 5313 - Powers of custodian(a) General rule.--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) Liability for breach of standard of care.--This section does not relieve a custodian from liability for breach of section 5312 (relating to care of custodial property).1992, Dec. 16, P.L. 1163, No. 152, § 10, imd. effective.