{"data":{"id":"us-ny/n.y.-estates-powers-trusts-law-7-6.15","jurisdiction":"us-ny","citation":"N.Y. Estates, Powers \u0026 Trusts Law § 7-6.15","heading":"Custodian's expenses, compensation, and bond","body":"§ 7-6.15 Custodian's expenses, compensation, and bond\n  (a) A custodian is entitled to reimbursement from custodial property\nfor reasonable expenses incurred in the performance of the custodian's\nduties.\n  (b) Except for one who is a transferor under 7-6.4, a custodian has an\nelection during each calendar year to charge reasonable compensation for\nservices performed during that year. A custodian's election to charge\nreasonable compensation for a calendar year must be exercised during the\ncalendar year.\n  (c) Except as provided in paragraph (f) of 7-6.18, a custodian shall\nnot be required to give a bond.","path":["Estates, Powers \u0026 Trusts Law","Article 7. Trusts","Part 6. Uniform Transfers to Minors Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/EPT/7-6.15","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"e757a022f892dacf90522aaa9e61836f15a8b58965e689b3be1c2ac793810be2","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-estates-powers-trusts-law-7-6.14","next":"us-ny/n.y.-estates-powers-trusts-law-7-6.16"},"notice":"GroundRules: Original legal text. Not legal advice."}