Liability to third persons.
A claim may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable, if a claim is based on the following: A contract entered into by a custodian acting in a custodial capacity; An obligation arising from the ownership or control of custodial property; or A tort committed during the custodianship. A custodian is not personally liable in the following circumstances: On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault. A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.
Annotations
Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278 Mar. 24, 1998, D.C. Law 12-81, § 14(d), 45 DCR 745 Uniform Law: This section is based upon § 17 of the Uniform Transfers to Minors Act. 1981 Ed., § 21-317. This section is referenced in § 21-319.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.