CUSTODIAN

custodian, n.

1. A person or institution that has charge or custody (of a child, property, papers, or other valuables); GUARDIAN. • In reference to a child, a custodian has either legal or physical custody. See CAREGIVER.

2. Bankruptcy. A prepetition agent who has taken charge of any asset belonging to the debtor. 11 USCA § 101(11). [Cases: Bankruptcy 2021. 1.] — custodianship, n.