North Carolina § 33A-15 Custodian's expenses, compensation, and bond

North Carolina Statutes

§ 33A-15 — Custodian's expenses, compensation, and bond

North Carolina·Ch. 33A North Carolina Uniform Transfers to Minors Act

(a)A custodian is entitled to pay from and to be reimbursed from custodial property for reasonable expenses incurred in the performance of the custodian's duties.

(b)Except for one who is a transferor under G.S. 33A-4, 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 G.S. 33A-18(f), a custodian need not give a bond. (1987, c. 563, s. 2.)

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(a) A custodian is entitled to pay from and to be reimbursed from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(b) Except for one who is a transferor under G.S. 33A-4, 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 G.S. 33A-18(f), a custodian need not give a bond. (1987, c. 563, s. 2.)

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