710.115

Powers of custodian.

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710.115 Powers of custodian.—

(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 s. 710.114.

History.—s. 1, ch. 85-95.

Notes of Decisions

Cited in 2 cases (2 in the last 5 years), 2026–2026 · leading case: Charles Schwab & Co., Inc. v. Marilley

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Charles Schwab & Co., Inc. v. Marilley (2026) ncbizct “113 (2); see Fla. Stat. § 710.115 (1) (“A custodian, acting in a custodial capacity, has all the rights, powers, and authority over the custodial property that unmarried adult owners have over their own property[.”

Charles Schwab & Co. v. Marilley (2026) ncbizct “113 (2); see Fla. Stat. § 710.115 (1) (“A custodian, acting in a custodial capacity, has all the rights, powers, and authority over the custodial property that unmarried adult owners have over their own property[.”

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