GENERAL POWERS OF CUSTODIAL TRUSTEE.

  1. Law
  2. Idaho Code
  3. TRUSTS AND FIDUCIARIES
  4. IDAHO UNIFORM CUSTODIAL TRUST ACT
  5. GENERAL POWERS OF CUSTODIAL TRUSTEE.

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68-1308. GENERAL POWERS OF CUSTODIAL TRUSTEE. (1) A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property which an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights and powers in a fiduciary capacity only.

(2) The provisions of this section do not relieve a custodial trustee from liability for a violation of section 68-1307, Idaho Code.

History:

[68-1308, added 1989, ch. 230, sec. 1, p. 552.]


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