2015 Maryland Code
ESTATES AND TRUSTS
Title 13 - PROTECTION OF MINORS AND DISABLED PERSONS
Subtitle 3 - MARYLAND UNIFORM TRANSFERS TO MINORS ACT
§ 13-315 - Compensation of custodian; bond
(a) Entitlement. -- A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(b) Noncumulative election to charge annual compensation. -- 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) Bond. -- Except as provided in § 13-318(f) of this subtitle, a custodian need not give a bond.
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