633F.8  General powers of custodial trustee.
  1.  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.
  2.  This section does not relieve a custodial trustee from liability for a violation of section 633F.7.
2021 Acts, ch 8, §8
NEW section