General powers of custodial trustee.

  1. Law
  2. Alaska Statutes
  3. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
  4. Uniform Custodial Trust Act
  5. General powers of custodial trustee.

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(a) A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property that an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights and powers in a fiduciary capacity only.

(b) This section does not relieve a custodial trustee from liability for a violation of AS 13.60.060.


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