Company: North Carolina General Assembly

North Carolina Attorney General Opinion

§ 33A‑15.  Custodian's expenses, compensation, and bond.
(a)	A custodian is entitled to pay from and to be reimbursed from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(b)	Except for one who is a transferor under G.S. 33A‑4, 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 G.S. 33A‑18(f), a custodian need not give a bond. (1987, c. 563, s. 2.)

G.S. 33a-15		Page