Rhode Island Statutes
§ 18-13-8 — § 18-13-8. General powers of custodial trustee.
§ 18-13-8. General powers of custodial trustee.
(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 only exercise those rights and powers in a fiduciary capacity.
(b) This section does not relieve a custodial trustee from liability for a violation of § 18-13-7.
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Rhode Island § 18-13-8 (§ 18-13-8. General powers of custodial trustee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P.L. 1988, ch. 623, § 1.
Nearby Sections
15
§ 18-10-5
§ 18-10-5. Applicability.§ 18-11-1
§ 18-11-1. Short title.§ 18-11-10
§ 18-11-10. Tax obligations.§ 18-11-11
§ 18-11-11. Uniformity of law.§ 18-11-2
§ 18-11-2. Definitions.