Custodian's expenses, compensation, and bond

Va. Code Ann. § 64.2-1914
in effect
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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. A custodian, other than one who is a transferor under § 64.2-1903 , has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. C. Except upon petition as provided in subsection F of § 64.2-1917 , a custodian need not give a bond. 1988, c. 516, § 31-51; 2012, c. 614 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/64.2-1914/Fetched: 10/17/2026

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