Vermont Statutes
§ 3225 — Custodian’s expenses, compensation, and bond
Vermont·Title 14 Title 14: Decedents' Estates and Fiduciary Relations·Ch. 115 Chapter 115: Vermont Uniform Transfers to Minors Act
(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 3214 of this title, 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 subsection 3228(f) of this title, a custodian need not give a bond.
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Legislative History
(Added 2015, No. 7, § 1.)
Nearby Sections
15
§ 3201-3209
Repealed. 2015, No. 7, § 2.§ 3211
Definitions§ 3212
Scope and jurisdiction§ 3213
Nomination of custodian§ 3217
Transfer by obligor§ 3220
Single custodianship§ 3223
Powers of custodian