§765.  Expenses, compensation, and bond of custodian

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 R.S. 9:754, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.  

C.  Except as otherwise provided in R.S. 9:768(F), a custodian need not give a bond.  

Acts 1987, No. 469, §1, eff. Jan. 1, 1988.