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Alaska Statutes.
Title 13. Estates, Guardianships, Transfers, Trusts.
Chapter 60. Uniform Custodial Trust Act
Section 70. General Powers of Custodial Trustee.
previous: Section 60. General Duties of Custodial Trustee.
next: Section 80. Use of Custodial Trust Property.

AS 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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Last modified 9/3/2005