N.C. Gen. Stat. § 33A-15

Custodian's expenses, compensation, and bond.

Last amended: 1987Year: 2026Length: 78 wordsSubsections: 3Official source
§ 33A-15. Custodian's expenses, compensation, and bond. (a) A custodian is entitled to pay from and to be reimbursed from custodial property for reasonable expenses incurred in the performance of the custodian's duties. (b) Except for one who is a transferor under G.S. 33A-4, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. (c) Except as provided in G.S. 33A-18(f), a custodian need not give a bond.
N.C. Gen. Stat. § 33A-15: Custodian's expenses, compensation, and bond. | Justis AI