Form and effect of receipt and acceptance by custodial trustee — Jurisdiction
Known as the Idaho Uniform Custodial Trust Act
The act spans §§ 68–68 (22 sections).
I.C., § 68-1304, as added by 1989, ch. 230, § 1, p. 547.
(1) Obligations of a custodial trustee, including the obligation to follow directions of the beneficiary, arise under this chapter upon the custodial trustee’s acceptance, express or implied, of the custodial trust property.
(2) The custodial trustee’s acceptance may be evidenced by a writing stating in substance:
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.