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2010 Florida Statutes
SECTION 117
Custodian’s expenses, compensation, and bond.
Custodian’s expenses, compensation, and bond.
710.117
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 s. 710.105, 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 s. 710.121(6), a custodian need not give a bond.
History.
—s. 1, ch. 85-95.