Section 1666 - Custodian's expenses, compensation and bond1.Reimbursement. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. [1987, c. 734, §2(NEW).]
2.Compensation. Except for one who is a transferor under section 1655, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. [1987, c. 734, §2(NEW).]
3.Bond. Except as provided in section 1669, subsection 6, a custodian need not give a bond. [1987, c. 734, §2(NEW).]
1987, c. 734, § 2 (NEW) .