Colorado § 11-50-116 Custodian's expenses, compensation, and bond

Colorado Statutes

§ 11-50-116 — Custodian's expenses, compensation, and bond

Colorado § 11-50-116

Title 11Financial

Art.Colorado Uniform Transfers to Minors Act

This text of Colorado § 11-50-116 (Custodian's expenses, compensation, and bond) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 11-50-116 (2026).

Text

(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 11-50-105, 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 section 11-50-119 (6), a custodian need not give a bond.

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(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 11-50-105, 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 section 11-50-119 (6), a custodian need not give a
bond.