Utah Code § 75A-8-116: Custodian's expenses, compensation, and bond.
Where this section sits in the code
- Title 75A Fiduciaries
- Chapter 75A-8 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 75A-8-105, 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 Subsection 75A-8-119(6), a custodian need not give a bond.
Collected 2026-09-03T11:34:34Z. Source file · JSON