(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 the capacity of a custodian only.

(b)        This section does not relieve a custodian from liability for breach of N.C. Gen. Stat. § 33A-12 (1987, c. 563, s. 2.)