Idaho Statutes
pecnv.out

TITLE 68
TRUSTS AND FIDUCIARIES
CHAPTER 13
IDAHO UNIFORM CUSTODIAL TRUST ACT
68-1314.  Expenses, compensation and bond of custodial trustee. Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary, or by court order, a custodial trustee:
(1)  Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;
(2)  Has a noncumulative election, to be made no later than six (6) months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and
(3)  Need not furnish a bond or other security for the faithful performance of fiduciary duties.

History:
[68-1314, added 1989, ch. 230, sec. 1, p. 555.]


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