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Home » US Law » 2022 Idaho Code » Title 68 - TRUSTS AND FIDUCIARIES » Chapter 8 - TRANSFERS TO MINORS » Section 68-815 – CUSTODIAN’S EXPENSES, COMPENSATION, AND BOND.

68-815. CUSTODIAN’S EXPENSES, COMPENSATION, AND BOND. (1) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.

(2) Except for one who is a transferor under section 68-804, Idaho Code, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.

(3) Except as provided in section 68-818(6), Idaho Code, a custodian need not give a bond.

History:

[68-815, added 1984, ch. 152, sec. 2, p. 364.]