Arkansas § 9-26-215 Custodian's expenses - Compensation - Bond

Arkansas Statutes

§ 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.

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(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.

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