ILCS » Chapter 760 · Act 20
Illinois Compiled Statutes

760 ILCS 20/14 (2026)

Powers of Custodian

✓ current as of May 2026
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(760 ILCS 20/14) (from Ch. 110 1/2, par. 264)
    Sec. 14. Powers of Custodian. (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 13.
(Source: P.A. 84-915.)

    
Notes of Decisions
Cited in 1 case, 1996–1996 · leading case: Dally v. Bank One, Chicago, N.A. (In Re Dally), 202 B.R. 724 (Bankr. N.D. Ill. 1996).
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Dally v. Bank One, Chicago, N.A. (In Re Dally), 202 B.R. 724 (Bankr. N.D. Ill. 1996). “760 ILCS 20/14(a). The custodianship continues until the minor reaches either 18 or 21 (the applicable age depends under which section the property was transferred) or dies.”
— 760 ILCS 20/14(a) — 1 case
Dally v. Bank One, Chicago, N.A. (In Re Dally), 202 B.R. 724 (Bankr. N.D. Ill. 1996). “760 ILCS 20/14(a). The custodianship continues until the minor reaches either 18 or 21 (the applicable age depends under which section the property was transferred) or dies.”
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