Ind. Code § 30-2-8.5-30
Custodian's expenses, compensation, and bond
Indiana · Indiana Code Title 30 — Trusts and Fiduciaries · Status: effective
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- Ind. Code § 30-2-8.5-30, Custodian's expenses, compensation, and bond, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1668085
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Full text
Sec. 30.
(a) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.
(b) Except for a person who is a transferor under section 19 of this chapter, a custodian has an election during each calendar year to charge reasonable compensation for services performed during that year.
(c) A custodian's election to charge reasonable compensation for a calendar year must be exercised during the calendar year.
(d) Except as provided in section 33(f) of this chapter, a custodian is not required to give a bond.