NRS 167.060
Expenses, compensation and bond of custodian.

1.

A custodian is entitled to reimbursement from the custodial property for reasonable expenses incurred in the performance of the custodian’s duties.

2.

Unless a custodian is a transferor under NRS 167.023, the custodian may elect to receive from the custodial property during each calendar year reasonable compensation for the custodian’s services performed during that year.

3.

Except as otherwise provided in this chapter, a custodian need not give a bond for the performance of his or her duties.

Source: Section 167.060 — Expenses, compensation and bond of custodian., https://www.leg.state.nv.us/NRS/NRS-167.html#NRS167Sec060 (accessed May 26, 2025).

167.010
Short title. 167.020
Definitions. 167.021
Applicability 167.023
Transfer by gift or exercise of power of appointment. 167.025
Transfer authorized in will or trust. 167.027
Transfer not authorized in will or trust 167.029
Transfer by debtor or person holding property of minor. 167.030
Creation of custodial property 167.033
Nomination of custodian to serve upon future event. 167.034
Delay of time for certain transfers 167.035
Validity of transfer. 167.040
Effect of transfer. 167.043
Acknowledgment of delivery of custodial property. 167.045
Rights of custodian. 167.050
Duties and powers of custodian. 167.055
Delivery, payment or expenditure of custodial property for benefit of minor. 167.060
Expenses, compensation and bond of custodian. 167.070
Exemption of third persons from liability. 167.080
Disclaimer, resignation, death or removal of custodian 167.085
Claims against custodial property 167.090
Petition for accounting by custodian or determination of responsibility by court 167.095
Transfer by custodian to minor. 167.100
Construction.

May 26, 2025

§ 167.060. Expenses, compensation & bond of custodian.'s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_167.060

Original Source: Section 167.060 — Expenses, compensation and bond of custodian., https://www.leg.state.nv.us/NRS/NRS-167.html#NRS167Sec060 (last accessed May 10, 2025).