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Code · Arizona · Title 14 — Education, Libraries, and Museums

14-9108. General powers of custodial trustee

61 words·~1 min read·/az/title-14/14-9108

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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 section 14-9107.
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