Delaware Code Title 12 Sec. 4515 – Custodian’s expenses, compensation and bond
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(a) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.
Terms Used In Delaware Code Title 12 Sec. 4515
- Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302
(b) Except for one who is a transferor under § 4504 of this title, 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 § 4518(f) of this title, a custodian need not give a bond.