GEORGIA CODE (Last Updated: August 20, 2013) |
Title 44. PROPERTY |
Chapter 5. ACQUISITION AND LOSS OF PROPERTY |
Article 5. THE GEORGIA TRANSFERS TO MINORS ACT |
Section 44-5-125. Compensation; expenses of custodian; bond
Latest version.
- (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 Code Section 44-5-114, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(c) Except as provided in subsection (f) of Code Section 44-5-128, a custodian need not give a bond.
Code 1981, § 44-5-125, enacted by Ga. L. 1990, p. 667, § 1.