{"data":{"id":"us-co/c.r.s.-15-1.5-114","jurisdiction":"us-co","citation":"C.R.S. § 15-1.5-114","heading":"Expenses, compensation, and bond of custodial trustee.","body":"(1) 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(a) Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;\n\n(b) Has a noncumulative election, to be made no later than six months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and\n\n(c) Need not furnish a bond or other security for the faithful performance of fiduciary duties.","path":["Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES","Article 1.5 - Colorado Uniform Custodial Trust Act"],"source_url":"https://olls.info/crs/crs2026-title-15.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"8086c1ba65610e7df1942888dd07faa449a68bb5c6a526358a5d8a5a54037340","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-1.5-113","next":"us-co/c.r.s.-15-1.5-115"},"notice":"GroundRules: Original legal text. Not legal advice."}