District of Columbia § 21-315 Custodian’s expenses; compensation; bond.

District of Columbia Statutes

§ 21-315 — Custodian’s expenses; compensation; bond.

District of Columbia·Title 21 Fiduciary Relations and Persons with Mental Illness. [Enacted title]·Ch. 3 Transfers to Minors; Uniform Law.

(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 section 21-304, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.

(c)Except as provided in section 21-318(f), a custodian need not 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 section 21-304, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.

(c) Except as provided in section 21-318(f), a custodian need not give a bond.

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