Custodian Has Rights and Powers That Unmarried Adult Would Have as to Property

(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 Section 35-5A-13. (Acts 1986, No. 86-453, p. 819, §13.)