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Statute 30 3509 — Nebraska Law | CourtGPT
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  4. Chapter 30 - Decedents' Estates; Protection of Persons and Property30-24,100 - Distribution; Order in Which Assets Appropriated; Abatement/
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  6. Statute 30 3509
Nebraska Legal Code

Statute 30 3509

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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.Source Laws 1997, LB 51, § 9.