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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 18-7-16: Custodian’s expenses, compensation, and bond.

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Where this section sits in the code
  1. Title 18 Fiduciaries
  2. Chapter 7 Uniform Transfers to Minors Act

(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 § 18-7-5, 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 § 18-7-19(f), a custodian need not give a bond.

Collected 2026-09-05T19:56:08Z. Source file · JSON

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