Delaware § 4515 Custodian’s expenses, compensation and bond

Delaware Statutes

§ 4515 — Custodian’s expenses, compensation and bond

Delaware·Title 12·Part Fiduciary Relations·Ch. 45 DELAWARE UNIFORM TRANSFERS TO MINORS ACT

(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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(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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