167.060 - Expenses, compensation and bond of custodian.
167.060 Â Expenses, compensation and bond of custodian.
1.  A custodian is entitled to reimbursement from the custodial property for reasonable expenses incurred in the performance of the custodian’s duties.
2.  Unless a custodian is a transferor under NRS 167.023, the custodian may elect to receive from the custodial property during each calendar year reasonable compensation for the custodian’s services performed during that year.
3. Â Except as otherwise provided in this chapter, a custodian need not give a bond for the performance of his or her duties.
(Added to NRS by 1957, 24; A 1985, 77)