Section 7-6.15. 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.
        (b) Except for one who is a transferor under 7-6.4, a custodian has an
      election during each calendar year to charge reasonable compensation for
      services  performed  during  that year. A custodian's election to charge
      reasonable compensation for a calendar year must be exercised during the
      calendar year.
        (c) Except as provided in paragraph (f) of 7-6.18, a  custodian  shall
      not be required to give a bond.