Massachusetts § 15 Custodian's expenses, compensation, and bond

Massachusetts Statutes

§ 15 — Custodian's expenses, compensation, and bond

Massachusetts § 15

Part IIREAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS

Title IIDESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS

Ch. 201AUNIFORM TRANSFERS TO MINORS ACT

This text of Massachusetts § 15 (Custodian's expenses, compensation, and bond) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 201A, § 15 (2026).

Text

Section 15.

(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 four, 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 paragraph (f) of section eighteen, a custodian need not give a bond for the faithful performance of his duties.

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Section 15. (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 four, 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 paragraph (f) of section eighteen, a custodian need not give a bond for the faithful performance of his duties.

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Massachusetts § 15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/201A/15.