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Rhode Island General Laws > Title 18 > Chapter 18-7 > § 18-7-14 - Powers of custodian

(a) 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) This section does not relieve a custodian from liability for breach of § 18-7-13.

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Questions & Answers: Transfers to Minors

under RI law, if someone opens a custodian account for a minor child, does the custodianship end when the inor reaches 18?...

For most purposes the age would be 21 when the custodial relationship ends. For details see: http://www.lawserver.com/law/state/rhode-island/ri-laws/rhode_island_general_laws_18...

ownership of a parcel of land is shared in a "joint tenants of common" agreement. In any decisions of the whole, do all three owners have to agree......could one person rent out t...

Marcia, Please double-check the wording of the deed, because "joint tenants of common" is not really a correct legal term. If the co-owners are "tenants in common" then they must c...

can one of owners rent to his LLC entity without the consent of the other two owners in a tenents of common. And, what part of the North Dakota Century Code supports your decision...

Marcia, I really can't add anything to what I responded yesterday. I think it answers your question. As for the Code, property law is mostly case law (or "common law"), not statuto...

See also:

Rhode Island General Laws > Chapter 18-7. Uniform Transfers to Minors Act

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