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·Ch. 36 ESTATES AND PROPERTY·Art. 7 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 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.

Free access — add to your briefcase to read the full text and ask questions with AI

(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.

West Virginia § 36-7-15 (Custodian's expenses, compensation, and bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.