State Codes and Statutes
Statutes > Idaho > Title68 > T68ch13 > T68ch13sect68-1314TRUSTS 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.
