75-5a-116 - Custodian's expenses, compensation, and bond. - Utah Statutes

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Statutes > Utah > Title-75 > Chapter-05a > 75-5a-116

75-5a-116. Custodian's expenses, compensation, and bond.
(1) A custodian is entitled to reimbursement from custodial property for reasonableexpenses incurred in the performance of the custodian's duties.
(2) Except for one who is a transferor under Section 75-5a-105, a custodian has anoncumulative election during each calendar year to charge reasonable compensation for servicesperformed during that year.
(3) Except as provided in Subsection 75-5a-119(6), a custodian need not give a bond.

Enacted by Chapter 272, 1990 General Session

State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05a > 75-5a-116

75-5a-116. Custodian's expenses, compensation, and bond.
(1) A custodian is entitled to reimbursement from custodial property for reasonableexpenses incurred in the performance of the custodian's duties.
(2) Except for one who is a transferor under Section 75-5a-105, a custodian has anoncumulative election during each calendar year to charge reasonable compensation for servicesperformed during that year.
(3) Except as provided in Subsection 75-5a-119(6), a custodian need not give a bond.

Enacted by Chapter 272, 1990 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05a > 75-5a-116

75-5a-116. Custodian's expenses, compensation, and bond.
(1) A custodian is entitled to reimbursement from custodial property for reasonableexpenses incurred in the performance of the custodian's duties.
(2) Except for one who is a transferor under Section 75-5a-105, a custodian has anoncumulative election during each calendar year to charge reasonable compensation for servicesperformed during that year.
(3) Except as provided in Subsection 75-5a-119(6), a custodian need not give a bond.

Enacted by Chapter 272, 1990 General Session