{"data":{"id":"us-nm/46-7-24","jurisdiction":"us-nm","citation":"46-7-24","heading":"Powers of custodian.","body":"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.\nB. This section does not relieve a custodian from liability for breach of Section 13 [46-7-23 NMSA 1978] of the Uniform Transfers to Minors Act.","path":["Chapter 46 - Fiduciaries and Trusts","ARTICLE 7 Transfers to Minors"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18547/index.do","current_through":"2024-04-26","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"a8c60e67f47f6bbb24743bc1d6a271af8fc6bc1762b46526b00eca1d8aa2ec9d","source_id":"us-nm","stale":false,"prev":"us-nm/46-7-23","next":"us-nm/46-7-25"},"notice":"GroundRules: Original legal text. Not legal advice."}