South Carolina § 63-5-675 Custodian's expenses, compensation, and bond.

South Carolina Statutes

§ 63-5-675 — Custodian's expenses, compensation, and bond.

South Carolina·Title 63 SOUTH CAROLINA CHILDREN'S CODE·Ch. 5 LEGAL STATUS OF CHILDREN

(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 63-5-620, 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 Section 63-5-690(f), a custodian need not give a bond.

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(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 63-5-620, 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 Section 63-5-690(f), a custodian need not give a bond.

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