2011 ORS § 126.852¹
Reimbursement to custodian for reasonable expenses
- • compensation
- • bond
(1) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodians duties.
(2) Except for one who is a transferor under ORS 126.816 (Irrevocable gifts or exercise of power of appointment), 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 ORS 126.862 (Refusal to serve as custodian) (6), a custodian need not give a bond. [1985 c.665 §16]