{"data":{"id":"us-ar/ark.-code-ann.-28-72-414","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 28-72-414","heading":"Expenses, compensation, and bond of custodial trustee","body":"Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary, or by court order, a custodial trustee:\n\n(1) is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;\n\n(2) has a noncumulative election, to be made no later than six (6) months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and\n\n(3) need not furnish a bond or other security for the faithful performance of fiduciary duties.","path":["AR Code","Title 28","Chapter 72","Subchapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"bfd9946ce429eee5a91b025cc113c36b8a67a1e9c277e5e71c07c247edc0c620","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-28-72-413","next":"us-ar/ark.-code-ann.-28-72-415"},"notice":"GroundRules: Original legal text. Not legal advice."}