2006 New York Code - Custodian\'s Expenses, Compensation, And Bond

 
  § 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.