HRS §554B-8
Powers and limits of a custodial trustee
A custodial trustee can manage the trust property as if they owned it personally, but only for the benefit of the trust. This section does not excuse the trustee from liability if they break the rules in another section.
trustees
The statute, as written — General powers of custodial trustee
(a) A custodial trustee, acting in a fiduciary capacity, has all the rights, powers, and authority over custodial trust property that an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights, powers, and authority in a fiduciary capacity only. (b) This section does not relieve a custodial trustee from liability for breach of section 554B-7.
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