2017 Wisconsin Statutes & Annotations
Chapter 54. Guardianships and conservatorships.
54.964 General powers of custodial trustee.

Universal Citation: WI Stat § 54.964 (2017)

54.964 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 s. 54.962.

History: 1991 a. 246; 2005 a. 387 s. 561; Stats. 2005 s. 54.964.

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