2018 Kentucky Revised Statutes
CHAPTER 385 - UNIFORM TRANSFERS TO MINORS ACT
.152 Custodian's expenses, compensation and bond.

Universal Citation: KY Rev Stat § 385.152 (2018)

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385.152 Custodian's expenses, compensation and bond. (1) (2) (3) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. Except for one who is a transferor under KRS 385.042, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. Except as provided in KRS 385.182(6), a custodian need not give a bond. Effective: July 15, 1986 History: Created 1986 Ky. Acts ch. 182, sec. 15, effective July 15, 1986.
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