{"data":{"id":"us-ri/r.i.-gen.-laws-18-13-14","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 18-13-14","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) Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;\n(2) Has a non-cumulative 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(3) Need not furnish a bond or other security for the faithful performance of fiduciary duties.","path":["Title 18 Fiduciaries","Chapter 13 Rhode Island Uniform Custodial Trust Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE18/18-13/18-13-14.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:56:09Z","sha256":"2d7d24950f0aeb57927e5cf43f55ce1576653fa45fcf43a23a02e8f99a6e443b","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-18-13-13","next":"us-ri/r.i.-gen.-laws-18-13-15"},"notice":"GroundRules: Original legal text. Not legal advice."}
