Indiana § 30-2-8.5-30 Custodian's expenses, compensation, and bond

Indiana Statutes

§ 30-2-8.5-30 — Custodian's expenses, compensation, and bond

Indiana § 30-2-8.5-30

Art. 2GENERAL PROVISIONS

Ch. 8.5Indiana Uniform Transfers to Minors Act

This text of Indiana § 30-2-8.5-30 (Custodian's expenses, compensation, and bond) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 30-2-8.5-30 (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 a person who is a transferor under section 19 of this chapter, a custodian has an election during each calendar year to charge reasonable compensation for services performed during that year.

(c)A custodian's election to charge reasonable compensation for a calendar year must be exercised during the calendar year.

(d)Except as provided in section 33(f) of this chapter, a custodian is not 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 a person who is a transferor under section 19 of this
chapter, a custodian has an election during each calendar year to charge
reasonable compensation for services performed during that year.
(c) A custodian's election to charge reasonable compensation for a
calendar year must be exercised during the calendar year.
(d) Except as provided in section 33(f) of this chapter, a custodian
is not required to give a bond.