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2019 Code of Virginia
Title 64.2 - Wills, Trusts, and Fiduciaries
Chapter 19 - Virginia Uniform Transfers to Minors Act
§ 64.2-1914. Custodian's expenses, compensation, and bond
Universal Citation: VA Code § 64.2-1914 (2019)
A. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
B. A custodian, other than one who is a transferor under § 64.2-1903, has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
C. Except upon petition as provided in subsection F of § 64.2-1917, a custodian need not give a bond.
1988, c. 516, § 31-51; 2012, c. 614.
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