Utah § 75A-8-116 Custodian's expenses, compensation, and bond.

Utah Statutes

§ 75A-8-116 — Custodian's expenses, compensation, and bond.

Utah § 75A-8-116

Title 75AFiduciaries

Ch. 75A-8Uniform Transfers to Minors Act

This text of Utah § 75A-8-116 (Custodian's expenses, compensation, and bond.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 75A-8-116 (2026).

Text

(1)A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.

(2)Except for one who is a transferor under Section 75A-8-105, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.

(3)Except as provided in Subsection 75A-8-119(6), a custodian need not give a bond.

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(1) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(2) Except for one who is a transferor under Section 75A-8-105, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(3) Except as provided in Subsection 75A-8-119(6), a custodian need not give a bond.