North Carolina Statutes
§ 33B-8 — General powers of custodial trustee
North Carolina § 33B-8
JurisdictionNorth Carolina
Ch. 33BNorth Carolina Uniform Custodial Trust Act
This text of North Carolina § 33B-8 (General powers of custodial trustee) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 33B-8 (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 G.S. 33B-7. (1995, c. 486, s. 1.)
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Nearby Sections
15
§ 33B-1
Definitions§ 33B-11
Third-party transactions§ 33B-12
Liability to the third person§ 33B-15
Reporting and accounting by custodial trustee; determination of liability of custodial trustee§ 33B-17
Distribution on termination§ 33B-19
Applicable law§ 33B-2
Custodial trust; general§ 33B-21
Short titleCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 33B-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/33B/33B-8.