{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-1914.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-1914.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-1914.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-1914.html"}],"law_id":78698,"edition_id":1,"section_id":78698,"structure_id":14685,"section_number":"64.2-1914","catch_line":"Custodian’s expenses, compensation, and bond","history":"1988, c. 516, \u00a7 31-51; 2012, c. 614.","full_text":"A\n\nA custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.B\n\nA 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\n\nExcept upon petition as provided in subsection F of § 64.2-1917, a custodian need not give a bond.","order_by":null,"text":{"0":{"id":282008,"text":"A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":282009,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":282010,"text":"Except upon petition as provided in subsection F of § 64.2-1917, a custodian need not give a bond.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":14685,"edition_id":1,"name":"Virginia 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obligor","url":"\/64.2-1906\/","token":"64.2\/IV\/C\/19\/64.2-1906","metadata":false},{"id":83598,"structure_id":14685,"section_number":"64.2-1907","catch_line":"Receipt for custodial property","url":"\/64.2-1907\/","token":"64.2\/IV\/C\/19\/64.2-1907","metadata":false},{"id":82555,"structure_id":14685,"section_number":"64.2-1908","catch_line":"Manner of creating custodial property and effecting transfer; designation of initial custodian; control","url":"\/64.2-1908\/","token":"64.2\/IV\/C\/19\/64.2-1908","metadata":false},{"id":62208,"structure_id":14685,"section_number":"64.2-1909","catch_line":"Single and joint custodians","url":"\/64.2-1909\/","token":"64.2\/IV\/C\/19\/64.2-1909","metadata":false},{"id":78444,"structure_id":14685,"section_number":"64.2-1910","catch_line":"Validity and effect of transfer","url":"\/64.2-1910\/","token":"64.2\/IV\/C\/19\/64.2-1910","metadata":false},{"id":56318,"structure_id":14685,"section_number":"64.2-1911","catch_line":"Care of custodial property; 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custodianships","url":"\/64.2-1921\/","token":"64.2\/IV\/C\/19\/64.2-1921","metadata":false},{"id":58715,"structure_id":14685,"section_number":"64.2-1922","catch_line":"Uniformity of application and construction","url":"\/64.2-1922\/","token":"64.2\/IV\/C\/19\/64.2-1922","metadata":false}],"previous_section":{"id":60473,"structure_id":14685,"section_number":"64.2-1913","catch_line":"Use of custodial property","url":"\/64.2-1913\/","token":"64.2\/IV\/C\/19\/64.2-1913","metadata":false},"next_section":{"id":64823,"structure_id":14685,"section_number":"64.2-1915","catch_line":"Exemption of third person from liability","url":"\/64.2-1915\/","token":"64.2\/IV\/C\/19\/64.2-1915","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-1914\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 516 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter 614<\/a>.<\/p>","references":false,"refers_to":[{"id":77870,"section_number":"64.2-1903","catch_line":"Transfer by gift or exercise of power of appointment","order_by":null,"url":"\/64.2-1903\/"},{"id":69800,"section_number":"64.2-1917","catch_line":"Renunciation, resignation, death, or removal of custodian; designation of successor custodian","order_by":null,"url":"\/64.2-1917\/"}],"permalink":{"id":275457,"object_type":"law","relational_id":78698,"identifier":"64.2-1914","token":"64.2\/IV\/C\/19\/64.2-1914","url":"\/64.2-1914\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-1914\/","token":"64.2\/IV\/C\/19\/64.2-1914","dublin_core":{"Title":"Custodian’s expenses, compensation, and bond","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-1914","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A custodian<\/span> is entitled to reimbursement from custodial property<\/span> for reasonable expenses incurred in the performance of the custodian<\/span>’s duties. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A custodian<\/span>, other than one who is a transferor<\/span> under § 64.2-1903<\/a>, has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Except upon petition<\/span> as provided in subsection F of § 64.2-1917<\/a>, a custodian<\/span> need not give a bond<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCUSTODIAN’S EXPENSES, COMPENSATION, AND BOND (\u00a7 64.2-1914)\n\nA. A custodian is entitled to reimbursement from custodial property for\nreasonable expenses incurred in the performance of the custodian’s duties.\n\nB. A custodian, other than one who is a transferor under § 64.2-1903, has a\nnoncumulative election during each calendar year to charge reasonable\ncompensation for services performed during that year.\n\nC. Except upon petition as provided in subsection F of § 64.2-1917, a\ncustodian need not give a bond.\n\nHISTORY: 1988, c. 516, \u00a7 31-51; 2012, c. 614.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}