{"data":{"id":"us-mn/minn.-stat.-529.13","jurisdiction":"us-mn","citation":"Minn. Stat. § 529.13","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(1) is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;\n(2) 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(3) need not furnish a bond or other security for the faithful performance of fiduciary duties.","path":["PROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS","CHAPTER 529. UNIFORM CUSTODIAL TRUST ACT"],"source_url":"https://www.revisor.mn.gov/statutes/cite/529.13","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:49Z","sha256":"f6926e19ecf60901586cde4a2df8c2425c26090e73b453158ee683ca42da191b","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-529.12","next":"us-mn/minn.-stat.-529.14"},"notice":"GroundRules: Original legal text. Not legal advice."}