Custodian’s exercise of powers and authority over custodial property

Miss. Code Ann. § 91-20-27, under Transfers to Minors.

Miss. Code Ann. § 91-20-27

(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.