{"data":{"id":"us-nc/n.c.-gen.-stat.-33b-14","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 33B-14","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)\tIs entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;\n(2)\tMay charge, no later than six months after the end of each calendar year, a reasonable compensation for fiduciary services performed during that year; and\n(3)\tNeed not furnish a bond or other security for the faithful performance of fiduciary duties. (1995, c. 486, s. 1.)","path":["Chapter 33B. North Carolina Uniform Custodial Trust Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_33B/GS_33B-14.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:37Z","sha256":"500419928726c4eb96e66c8936bc209afd909a4f7a8da412880cd699c5a69192","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-33b-13","next":"us-nc/n.c.-gen.-stat.-33b-15"},"notice":"GroundRules: Original legal text. Not legal advice."}