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2011 Hawaii Code
DIVISION 3. PROPERTY; FAMILY
TITLE 30. GUARDIANS AND TRUSTEES
554B. Uniform Custodial Trust Act
§554B-8 General powers of custodial trustee.


HI Rev Stat § 554B-8 (2011 through Reg Sess) What's This?

[§554B-8] General powers of custodial trustee. (a) A custodial trustee, acting in a fiduciary capacity, has all the rights, powers, and authority over custodial trust property that an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights, powers, and authority in a fiduciary capacity only.

(b) This section does not relieve a custodial trustee from liability for breach of section 554B-7. [L 1989, c 76, pt of §1]

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