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Code · Alaska · Title 13 · Chapter 60

Sec. 13.60.070. General powers of custodial trustee.

69 words·~1 min read·/ak/title-13/chapter-60/13-60-070

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Sec. 13.60.070. General powers of custodial trustee.
(a)A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property that 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 AS 13.60.060 .
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