75A-8-116. Custodian's expenses, compensation, and bond. (1)A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. (2)Except for one who is a transferor under Section 75A-8-105, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. (3)Except as provided in Subsection 75A-8-119(6), a custodian need not give a bond. Renumbered and Amended by Chapter 364, 2024 General Session
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