Maryland Estates and Trusts Section 13-315

Article - Estates and Trusts

§ 13-315.

      (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 § 13-304 of this subtitle, 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 § 13-318(f) of this subtitle, a custodian need not give a bond.



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