South Dakota § 55-10A-17 Custodian's expenses, compensation, and bond.

South Dakota Statutes

§ 55-10A-17 — Custodian's expenses, compensation, and bond.

South Dakota § 55-10A-17

Title 55FIDUCIARIES AND TRUSTS

Ch. 55-10AUNIFORM TRANSFERS TO MINORS ACT

This text of South Dakota § 55-10A-17 (Custodian's expenses, compensation, and bond.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 55-10A-17 (2026).

Text

A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. Except for one who is a transferor under § 55-10A-4 , a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. Except as provided in § 55-10A-20 , a custodian need not give a bond.

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A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. Except for one who is a transferor under § 55-10A-4 , a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. Except as provided in § 55-10A-20 , a custodian need not give a bond.