(1) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.

Terms Used In Nebraska Statutes 43-2716

(2) Except for one who is a transferor under section 43-2705, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.

(3) Except as provided in subsection (6) of section 43-2719, a custodian need not give a bond.

Source

  • Laws 1992, LB 907, § 16.