Public-domain · open source
OpenJurist

Va. Code Ann. § 64.2-1914

Custodian's expenses, compensation, and bond

1988, c. 516, § 31-51; 2012, c. 614.

A. A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.

B. A custodian, other than one who is a transferor under § 64.2-1903, has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.

C. Except upon petition as provided in subsection F of § 64.2-1917, a custodian need not give a bond.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.