2016 Louisiana Laws
Revised Statutes
TITLE 9 - Civil Code-Ancillaries
RS 9:2260.8 - General powers of custodial trustee
§2260.8. General powers of custodial trustee
A. A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property which an 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 R.S. 9:2260.7.
Acts 1995, No. 655, §1, eff. Jan. 1, 1998.
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