TITLE 18
Fiduciaries

CHAPTER 18-13
Rhode Island Uniform Custodial Trust Act

SECTION 18-13-8


§ 18-13-8 General powers of custodial trustee.

(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 only exercise those rights and powers in a fiduciary capacity.

(b) This section does not relieve a custodial trustee from liability for a violation of § 18-13-7.

History of Section.
(P.L. 1988, ch. 623, § 1.)