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§ 5315. Expenses, compensation and bond of custodian

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and Fiduciaries

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 53. Pennsylvania Uniform Transfers to Minors Act (Refs & Annos)
20 Pa.C.S.A. § 5315
§ 5315. Expenses, compensation and bond of custodian
Currentness
(a) Expenses.--A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(b) Compensation.--Except for one who is a transferor under section 5304 (relating to transfer by gift or exercise of power of appointment), a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(c) Bond.--Except as provided in section 5318(f) (relating to renunciation, resignation, death or removal of custodian), a custodian need not give a bond.

Credits

1992, Dec. 16, P.L. 1163, No. 152, § 10, imd. effective.
20 Pa.C.S.A. § 5315, PA ST 20 Pa.C.S.A. § 5315
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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