527.35 CUSTODIAN'S EXPENSES, COMPENSATION, AND BOND.
(a) A custodian is entitled to reimbursement from custodial property for reasonable expenses
incurred in the performance of the custodian's duties.
(b) Except for one who is a transferor under section
527.24, 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 section
527.38, paragraph (f), a custodian need not give a bond.
History: 1985 c 221 s 15