Current through 2024 Public Law 457
Section 18-7-16 - Custodian's expenses, compensation, and bond(a) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.(b) Except for one who is a transferor under § 18-7-5, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.(c) Except as provided in § 18-7-19(f), a custodian need not give a bond.