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Code · Nebraska · Chapter 30 — Decedents' Estates; Protection of Persons and Property

30-3509. General powers of custodial trustee.

62 words·~1 min read·/ne/chapter-30/30-3509

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 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.
(b)This section does not relieve a custodial trustee from liability for a violation of section 30-3508 .
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