Delaware § 4515 - Custodian’s expenses, compensation and bond.
Full text of Delaware Delaware Code § 4515 — Custodian’s expenses, compensation and bond., with citation guidance and answers to common questions.
§ 4515. Custodian’s expenses, compensation and bond.
(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 § 4504 of this title, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(c) Except as provided in § 4518(f) of this title, a custodian need not give a bond.
70 Del. Laws, c. 393, § 1;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 4515
What does Delaware Code § 4515 cover?
Section 4515 ("Custodian’s expenses, compensation and bond.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 4515?
A common citation format is "Delaware Code § 4515" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 4515 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.