Section 13.46.140. Custodian's expenses, compensation, and bond.

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   (a) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
   (b) Except for one who is a transferor under AS 13.46.030, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
   (c) Except as provided in AS 13.46.170(f), a custodian is not required to give a bond.

Notes

History

(Sec. 2 ch 11 SLA 1990)

                    
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