Code of Virginia § 64.2-1914. Custodian's expenses, compensation, and bond.
82 words·~1 min read·
/va/title-64-2/chapter-19/64-2-1914·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
1988, c. 516, § 31-51; 2012, c. 614 .