State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-6 > 7-6-15

§ 7-6.15 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 7-6.4, a custodian has an  election during each calendar year to charge reasonable compensation for  services  performed  during  that year. A custodian's election to charge  reasonable compensation for a calendar year must be exercised during the  calendar year.    (c) Except as provided in paragraph (f) of 7-6.18, a  custodian  shall  not be required to give a bond.

State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-6 > 7-6-15

§ 7-6.15 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 7-6.4, a custodian has an  election during each calendar year to charge reasonable compensation for  services  performed  during  that year. A custodian's election to charge  reasonable compensation for a calendar year must be exercised during the  calendar year.    (c) Except as provided in paragraph (f) of 7-6.18, a  custodian  shall  not be required to give a bond.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-6 > 7-6-15

§ 7-6.15 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 7-6.4, a custodian has an  election during each calendar year to charge reasonable compensation for  services  performed  during  that year. A custodian's election to charge  reasonable compensation for a calendar year must be exercised during the  calendar year.    (c) Except as provided in paragraph (f) of 7-6.18, a  custodian  shall  not be required to give a bond.