Section 8 - Trustee's Rights and Powers Over Trust Property

MA Gen L ch 203b § 8 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Section 8. (a) A custodial trustee, acting in a fiduciary capacity, shall have 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 such rights and powers in a fiduciary capacity only.

(b) This section shall not relieve a custodial trustee from liability for a violation of section seven.