West Virginia § 36-7-15 - 36-7-15. Custodian's expenses, compensation, and bond.

Full text of West Virginia West Virginia Code § 36-7-15 — 36-7-15. Custodian's expenses, compensation, and bond., with citation guidance and answers to common questions.

§ 36-7-15. 36-7-15. 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 section four of this article, 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 subsection (f), section eighteen of this article, a custodian need not give a bond.

Source: official West Virginia text · Last verified 2026-08-27

Frequently Asked Questions About West Virginia § 36-7-15

What does West Virginia Code § 36-7-15 cover?

Section 36-7-15 ("36-7-15. Custodian's expenses, compensation, and bond.") is part of the West Virginia Code, the codified statutory law of West Virginia. 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 West Virginia § 36-7-15?

A common citation format is "West Virginia Code § 36-7-15" (West Virginia). 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 West Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.

How does West Virginia § 36-7-15 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia 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 West Virginia.