TITLE 68

TRUSTS AND FIDUCIARIES

CHAPTER 8

TRANSFERS TO MINORS

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.]