Section 9-26-215 - Custodian's expenses - Compensation - 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 § 9-26-204, a custodian shall have a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.(c) Except as provided in § 9-26-218(f), a custodian shall not be required to give a bond.Acts 1985, No. 476, § 15; A.S.A. 1947, § 50-948