South Dakota Codified Laws 55-10A-17. Custodian’s expenses, compensation, and bond
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A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties. Except for one who is a transferor under § 55-10A-4, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. Except as provided in § 55-10A-20, a custodian need not give a bond.
Terms Used In South Dakota Codified Laws 55-10A-17
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 1986, ch 409, § 17.