Minnesota Statutes
§ 529.07 — GENERAL POWERS OF CUSTODIAL TRUSTEE
Minnesota § 529.07
JurisdictionMinnesota
PartPROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS
Ch. 529UNIFORM CUSTODIAL TRUST ACT
This text of Minnesota § 529.07 (GENERAL POWERS OF CUSTODIAL TRUSTEE) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 529.07 (2026).
Text
(a)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.
(b)This section does not relieve a custodial trustee from liability for a violation of section529.06.
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Legislative History
1990 c 476 s 7
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 529.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/529/529.07.