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2017 District of Columbia Code
Title 19 - Descent, Distribution, and Trusts. [Enacted title]
Chapter 11 - Custodial Trusts; Uniform Law.
§ 19–1108. General powers of custodial trustee.
Universal Citation: DC Code § 19–1108 (2017)
(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 19-1107.
(July 23, 2002, D.C. Law 14-177, § 2(b), 49 DCR 5092.)
Section ReferencesThis section is referenced in § 19-1106.
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