For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Custodian's expenses, compensation and bond

KRS 385.152
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
385.152. 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 KRS 385.042, 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 KRS 385.182(6), a custodian need not give a bond. Effective: July 15, 1986 History: Created 1986 Ky. Acts ch. 182, sec. 15, effective July 15, 1986.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35809Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements