California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 4. GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS |
Part 9. CALIFORNIA UNIFORM TRANSFERS TO MINORS ACT |
Section 3915.
Latest version.
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(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 Section 3904, 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 subdivision (f) of Section 3918, a custodian need not give a bond.
(Enacted by Stats. 1990, Ch. 79.)