2017 California Code
Probate Code - PROB
DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS
PART 9 - CALIFORNIA UNIFORM TRANSFERS TO MINORS ACT
(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 Section 3904, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(c) Except as provided in subdivision (f) of Section 3918, a custodian need not give a bond.
(Enacted by Stats. 1990, Ch. 79.)