N.C. Gen. Stat. § 33B-8

Current through Session Law 2024-53
Section 33B-8 - 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 G.S. 33B-7.

N.C. Gen. Stat. § 33B-8

1995, c. 486, s. 1.