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The Florida Senate

2001 Florida Statutes

SECTION 117
Custodian's expenses, compensation, and bond.
Section 710.117, Florida Statutes 2001

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.