Montana Statutes
§ 72-26-704 — Custodian's Expenses, Compensation, And Bond
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 26 UNIFORM TRANSFERS TO MINORS ACT·Part 7 Administration by Custodian -- Liability
72-26-704 . Custodian's expenses, compensation, and bond.
(1)A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(2)Except for one who is a transferor under 72-26-604 , a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(3)Except as provided in 72-26-801 (6), a custodian need not give a bond.
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Legislative History
En. Sec. 17, Ch. 102, L. 1985.