Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT HEADING: PL 1987, C. 734, §2 (NEW)
§1666. Custodian's expenses, compensation and bond
1. Reimbursement. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
[ 1987, c. 734, §2 (NEW) .]
2. Compensation. Except for one who is a transferor under section 1655, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
[ 1987, c. 734, §2 (NEW) .]
3. Bond. Except as provided in section 1669, subsection 6, a custodian need not give a bond.
Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT HEADING: PL 1987, C. 734, §2 (NEW)
§1666. Custodian's expenses, compensation and bond
1. Reimbursement. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
[ 1987, c. 734, §2 (NEW) .]
2. Compensation. Except for one who is a transferor under section 1655, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
[ 1987, c. 734, §2 (NEW) .]
3. Bond. Except as provided in section 1669, subsection 6, a custodian need not give a bond.
Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT HEADING: PL 1987, C. 734, §2 (NEW)
§1666. Custodian's expenses, compensation and bond
1. Reimbursement. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
[ 1987, c. 734, §2 (NEW) .]
2. Compensation. Except for one who is a transferor under section 1655, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
[ 1987, c. 734, §2 (NEW) .]
3. Bond. Except as provided in section 1669, subsection 6, a custodian need not give a bond.
