Louisiana Statutes
§ 9:765 — Expenses, compensation, and bond of custodian
Louisiana·Title 9 Civil Code-Ancillaries
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 R.S. 9:754, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.
C.Except as otherwise provided in R.S. 9:768(F), a custodian need not give a bond.
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Louisiana § 9:765 (Expenses, compensation, and bond of custodian) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1987, No. 469, §1, eff. Jan. 1, 1988.
Nearby Sections
15
§ 9:711
§ 9:711§ 9:731
§ 9:731§ 9:734
Investment of funds§ 9:751
Definitions§ 9:752
Scope§ 9:753
Nomination of custodian§ 9:754
Transfer by gift§ 9:756
Other transfer by fiduciary§ 9:757
Transfer by obligor