Title 75 Chapter 5a Section 116
| << Previous Section (75-5a-115) | Download Options: PDF | RTF | WordPerfect | Next Section (75-5a-117) >> |
Utah Uniform Probate Code | |
Uniform Transfers to Minors Act | |
Section 116 | Custodian's expenses, compensation, and bond. |
|
75-5a-116. 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 75-5a-105, 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 Subsection 75-5a-119(6), a custodian need not give a bond. Enacted by Chapter 272, 1990 General Session | |
| << Previous Section (75-5a-115) | Download Options: PDF | RTF | WordPerfect | Next Section (75-5a-117) >> |