General powers of custodial trustee.

Nev. Rev. Stat. § 166A.240
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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 NRS 166A.230 .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-166A.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements