NRS166A.240. General powers of custodial trustee.  


Latest version.
  •       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 NRS 166A.230.

      (Added to NRS by 2007, 288)