TITLE 68

TRUSTS AND FIDUCIARIES

CHAPTER 13

IDAHO UNIFORM CUSTODIAL TRUST ACT

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.]