Idaho Statutes

§ 68-1308 — GENERAL POWERS OF CUSTODIAL TRUSTEE

Idaho·Title 68 TRUSTS AND FIDUCIARIES·Ch. 13 IDAHO UNIFORM CUSTODIAL TRUST ACT
(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.

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Legislative History

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

Nearby Sections

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