Oklahoma Statutes
§ 58-1216 — Expenses and compensation of custodian - Bond.
Oklahoma § 58-1216
JurisdictionOklahoma
Title 58Probate Procedure
This text of Oklahoma § 58-1216 (Expenses and compensation of custodian - Bond.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Okla. Stat. tit. 58, § 58-1216 (2026).
Text
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 pursuant to the provisions of Section 5 of this act, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
C.Except as provided for in subsection F of Section 19 of this act, a custodian need not give a bond.
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Legislative History
Added by Laws 1986, c. 261, § 16, eff. Nov. 1, 1986.
Nearby Sections
15
§ 58-1002
Beneficiaries.§ 58-1004
Husband and wife.§ 58-1006
Inapplication in certain cases.§ 58-1007
Construction and interpretation.§ 58-1008
Citation.§ 58-102
Executors — Incompetency.§ 58-103
Failure of executors.§ 58-105
Death of an executor.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 58-1216, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/58/58-1216.