Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 529.07: GENERAL POWERS OF CUSTODIAL TRUSTEE.

Where this section sits in the code

PROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS
CHAPTER 529. UNIFORM CUSTODIAL TRUST ACT

(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 529.06.

Collected 2026-09-02T22:10:49Z. Source file · JSON

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