§ 33A-15. Custodian's expenses, compensation, and bond. - North Carolina Statutes

§33A‑15.  Custodian's expenses, compensation, and bond.

(a)        A custodian isentitled to pay from and to be reimbursed from custodial property forreasonable expenses incurred in the performance of the custodian's duties.

(b)        Except for one whois a transferor under G.S. 33A‑4, a custodian has a noncumulativeelection during each calendar year to charge reasonable compensation forservices performed during that year.

(c)        Except as providedin G.S. 33A‑18(f), a custodian need not give a bond. (1987,c. 563, s. 2.)