State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3509

30-3509. 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 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 30-3508. SourceLaws 1997, LB 51, § 9.