2015 Connecticut General Statutes
Title 45a - Probate Courts and Procedure
Chapter 802d - Connecticut Uniform Transfers to Minors Act
Section 45a-559 - Custodian’s expenses, compensation and bond.

CT Gen Stat § 45a-559 (2015) What's This?

(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 45a-558a, 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 subsection (f) of section 45a-559c, a custodian need not give a bond.

(P.A. 95-117, S. 16.)

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