State Codes and Statutes
Statutes > Mississippi > Title-91 > 20 > 91-20-27§ 91-20-27. Custodian's exercise of powers and authority over custodial property.
(1) 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.
(2) This section does not relieve a custodian from liability for breach of Section 91-20-25.
Sources: Laws, 1994, ch. 416, § 14, eff from and after January 1, 1995.
