C.R.S. Section 11-50-116
Custodian’s expenses, compensation, and bond


(1)

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

(2)

Except for one who is a transferor under section 11-50-105, 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 section 11-50-119 (6), a custodian need not give a bond.

Source: Section 11-50-116 — Custodian’s expenses, compensation, and bond, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-11.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 11-50-116’s source at colorado​.gov