West Virginia § 36-7-15 Custodian's expenses, compensation, and bond

West Virginia Statutes

§ 36-7-15 — Custodian's expenses, compensation, and bond

West Virginia § 36-7-15

Ch. 36ESTATES AND PROPERTY

Art. 7UNIFORM TRANSFERS TO MINORS ACT

This text of West Virginia § 36-7-15 (Custodian's expenses, compensation, and bond) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 36-7-15 (2026).

Text

(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 four of this article, 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 (f), section eighteen of this article, 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 four of this article, 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 (f), section eighteen of this article, a custodian need not give a bond.