N.D. Cent. Code § 47-24.1-15: Custodian's expense, compensation, and bond
Where this section sits in the code
- Title 47 Property
- Chapter 47-24.1 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 47-24.1-12, 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 subsection 6 of section 47-24.1-18, a custodian need not give a bond.
Collected 2026-09-02T21:04:14Z. Source file · JSON