Sec. 45a-559. Custodian's expenses, compensation and bond. - Connecticut Statutes

      Sec. 45a-559. Custodian's expenses, compensation and bond. (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 45a-558a, 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 subsection (f) of section 45a-559c, a custodian need not give a bond.

      (P.A. 95-117, S. 16.)