General powers of custodial trustee
Known as the Idaho Uniform Custodial Trust Act
The act spans §§ 68–68 (22 sections).
I.C., § 68-1308, as added by 1989, ch. 230, § 1, p. 547.
(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.
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.