District Of Columbia § 21-315 - Custodian’s expenses; compensation; bond.
Full text of District Of Columbia D.C. Code § 21-315 — Custodian’s expenses; compensation; bond., with citation guidance and answers to common questions.
§ 21-315. Custodian’s expenses; compensation; bond.
21-315A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.
Except for one who is a transferor under section 21-304, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year.
Except as provided in section 21-318(f), a custodian need not give a bond.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 21-315
What does D.C. Code § 21-315 cover?
Section 21-315 ("Custodian’s expenses; compensation; bond.") is part of the D.C. Code, the codified statutory law of District Of Columbia. 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 District Of Columbia § 21-315?
A common citation format is "D.C. Code § 21-315" (District Of Columbia). 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 District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 21-315 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia 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 District Of Columbia.