Oregon Statutes - Chapter 126 - Property Held for the Benefit of Minors; Uniform Transfers to Minors Act - Section 126.846 - Rights, powers and authority of custodian.

(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 ORS 126.842. [1985 c.665 §14]

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Last modified: August 7, 2008