38-1716. Custodian's expenses, compensation and bond.
77 words·~1 min read·
/ks/chapter-38/38-1716A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
38-1716. 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 K.S.A. 38-1705 , 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 K.S.A. 38-1719 , a custodian need not give a bond.