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·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-10A UNIFORM TRANSFERS TO MINORS ACT

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.

South Dakota § 55-10A-17 (Custodian's expenses, compensation, and bond.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.