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Cal. Prob. Code § 3915

CALIFORNIA UNIFORM TRANSFERS TO MINORS ACT

Known as the California Uniform Transfers to Minors Act

The act spans §§ 3900 to 3925 (26 sections).

Enacted by Stats. 1990, Ch. 79.

(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 Section 3904, 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 subdivision (f) of Section 3918, a custodian need not give a bond.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.