C.R.S. § 11-50-116: Custodian's expenses, compensation, and bond.
Where this section sits in the code
- Title 11 - FINANCIAL INSTITUTIONS
- Article 50 - Colorado Uniform Transfers to Minors Act
(1) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(2) Except for one who is a transferor under section 11-50-105, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(3) Except as provided in section 11-50-119 (6), a custodian need not give a bond.
Collected 2026-09-14T18:37:45Z. Source file · JSON