2005 Idaho Code - 68-1314 — EXPENSES, COMPENSATION AND BOND OF CUSTODIAL TRUSTEE

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 13
                      IDAHO UNIFORM CUSTODIAL TRUST ACT
    68-1314.  EXPENSES, COMPENSATION AND BOND OF CUSTODIAL TRUSTEE. Except as
otherwise provided in the instrument creating the custodial trust, in an
agreement with the beneficiary, or by court order, a custodial trustee:
    (1)  Is entitled to reimbursement from custodial trust property for
reasonable expenses incurred in the performance of fiduciary services;
    (2)  Has a noncumulative election, to be made no later than six (6) months
after the end of each calendar year, to charge a reasonable compensation for
fiduciary services performed during that year; and
    (3)  Need not furnish a bond or other security for the faithful
performance of fiduciary duties.

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