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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>83168</law_id><section_number>64.2-1912</section_number><catch_line>Powers of custodian</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Fiduciaries and Guardians</unit><unit label="part" level="3" order_by="1" identifier="C">Guardianship of Minor</unit><unit label="chapter" level="4" order_by="1" identifier="19">Virginia Uniform Transfers to Minors Act</unit></structure><text>
						<section><p>A <span class="dictionary">custodian</span>, acting in a custodial capacity, has all the rights, powers, and authority over <span class="dictionary">custodial property</span> that unmarried <span class="dictionary">adult</span> owners have over their own property, which shall include but not be limited to those powers set forth in &#xA7;&#xA0;<a class="law" title="Incorporation by reference of certain powers of fiduciaries into will or trust instrument" href="/64.2-105/">64.2-105</a> as of the date the <span class="dictionary">custodian</span> acts, but a <span class="dictionary">custodian</span> may exercise such rights, powers, and authority in that capacity only. However, this section does not relieve a <span class="dictionary">custodian</span> from liability for breach of a duty imposed under &#xA7;&#xA0;<a class="law" title="Care of custodial property; duties of custodian" href="/64.2-1911/">64.2-1911</a>.</p></section></text><history>1988, c. 516, &#xA7; 31-49; 2012, c. 614.</history><metadata></metadata></law>
