---
urn: urn:us-la:rs:9:765
citation: "R.S. 9:765"
status: active
breadcrumb: "Title 9 › Code Preliminary Title › Code Book I › Code Title VIII › Chapter 1 › Part II › Subpart F"
acts_citations:
  - { year: 1987, number: 469, section: 1, effective_date: 1988-01-01, role: enactment }
---

# 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.