{"data":{"id":"us-va/va.-code-64.2-913","jurisdiction":"us-va","citation":"Va. Code § 64.2-913","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:1. Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;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; and3. Need not furnish a bond or other security for the faithful performance of fiduciary duties.1990, c. 264, § 55-34.14; 2012, c. 614.","path":["Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES","Subtitle III. TRUSTS","Chapter 9. UNIFORM CUSTODIAL TRUST ACT"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-913/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"319fa2ea4f7bb908e00908663662d73ecc06124d956d7b5726a706252f38063f","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-912","next":"us-va/va.-code-64.2-914"},"notice":"GroundRules: Original legal text. Not legal advice."}