North Carolina General Statutes Chapter 33A. North Carolina Uniform Transfers to Minors Act § 33A-15. Custodian's expenses, compensation, and bond
Current as of January 01, 2020 | Updated by FindLaw Staff
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(a) A custodian is entitled to pay from and to be reimbursed from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(b) Except for one who is a transferor under G.S. 33A-4, 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 G.S. 33A-18(f), a custodian need not give a bond.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 33A. North Carolina Uniform Transfers to Minors Act § 33A-15. Custodian's expenses, compensation, and bond - last updated January 01, 2020 | https://codes.findlaw.com/nc/chapter-33a-north-carolina-uniform-transfers-to-minors-act/nc-gen-st-sect-33a-15.html
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