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Iowa Code § 633F.8

General powers of custodial trustee

Iowa · Iowa Code Chapter 633F — Iowa Uniform Custodial Trust Act · Status: effective

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Iowa Code § 633F.8, General powers of custodial trustee, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2279062
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1. 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. 2. This section does not relieve a custodial trustee from liability for a violation of section 633F.7.