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January 10, 2025 Clouds | 33°F
The 194th General Court of the Commonwealth of Massachusetts

Section 8: Trustee's rights and powers over trust property

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.