UTAH CODE (Last Updated: January 16, 2015) |
Title 75. Utah Uniform Probate Code |
Chapter 5a. Uniform Transfers to Minors Act |
§ 75-5a-118. Liability to third persons.
Latest version.
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(2) A custodian is not personally liable: (a) 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 (b) for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault. (3) 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.
Enacted by Chapter 272, 1990 General Session