Missouri § 404.054 Compensation and expenses of custodian — bond required, when — custodian's claims not lien on custodial property.

Missouri Statutes

§ 404.054 — Compensation and expenses of custodian — bond required, when — custodian's claims not lien on custodial property.

Missouri § 404.054

Title XXVITRADE AND COMMERCE

Ch. 404Transfers to Minors — Personal Custodian and Durable Power of Attorney

This text of Missouri § 404.054 (Compensation and expenses of custodian — bond required, when — custodian's claims not lien on custodial property.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 404.054 (2026).

Text

1.A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.

2.A custodian who is not a donor may each year elect to receive from the custodial property reasonable compensation for services as custodian. If an election is not affirmatively made during the calendar year, the right to compensation for that year shall lapse.

3.A custodian is not required to give a bond for the performance of the custodian's duties unless required by court order.

4.No claim of a custodian for expenses or compensation shall constitute a claim or lien on custodial property transferred by the custodian to a third person or to the minor.

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1. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.

2. A custodian who is not a donor may each year elect to receive from the custodial property reasonable compensation for services as custodian. If an election is not affirmatively made during the calendar year, the right to compensation for that year shall lapse.

3. A custodian is not required to give a bond for the performance of the custodian's duties unless required by court order.

4. No claim of a custodian for expenses or compensation shall constitute a claim or lien on custodial property transferred by the custodian to a third person or to the minor.