Ark. Code Ann. § 28-72-408: General powers of custodial trustee
Where this section sits in the code
- AR Code
- Title 28
- Chapter 72
- Subchapter 4
(a) A custodial trustee, acting in fiduciary capacity, has all the rights and powers of 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 § 28-72-407 .
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