Current through codified legislation effective October 30, 2024
Section 21-315 - Custodian's expenses; compensation; bond(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 21-304, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.(c) Except as provided in section 21-318(f), a custodian need not give a bond.Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278.Uniform Law: This section is based upon § 15 of the Uniform Transfers to Minors Act.