Delaware Statutes
§ 4515 — Custodian’s expenses, compensation and bond
Delaware § 4515
This text of Delaware § 4515 (Custodian’s expenses, compensation and bond) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 12, § 4515 (2026).
Text
(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 § 4504 of this title, 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 § 4518(f) of this title, a custodian need not give a bond.
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Legislative History
70 Del. Laws, c. 393, § 1
Nearby Sections
15
§ 4501
Definitions§ 4502
Scope and jurisdiction§ 4503
Nomination of custodian§ 4507
Transfer by obligor§ 4510
Single custodianship§ 4513
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Bluebook (online)
Delaware § 4515, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/12/4515.