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2018 District of Columbia Code
Title 21 - Fiduciary Relations and Persons with Mental Illness. [Enacted title]
Chapter 3 - Transfers to Minors; Uniform Law.
§ 21–315. Custodian’s expenses; compensation; bond.
Universal Citation: DC Code § 21–315 (2018)
(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 21-304, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(c) Except as provided in section 21-318(f), a custodian need not give a bond.
(Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278.)
Prior Codifications1981 Ed., § 21-315.
Editor's NotesUniform Law: This section is based upon § 15 of the Uniform Transfers to Minors Act.
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