Me. Rev. Stat. » Title 33
Maine Revised Statutes

Me. Rev. Stat. tit. 33, § 1666 (2026)

Custodian's expenses, compensation and bond

✓ current as of May 2026
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1.  Reimbursement.  A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.  
[PL 1987, c. 734, §2 (NEW).]
2.  Compensation.  Except for one who is a transferor under section 1655, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.  
[PL 1987, c. 734, §2 (NEW).]
3.  Bond.  Except as provided in section 1669, subsection 6, a custodian need not give a bond.  
[PL 1987, c. 734, §2 (NEW).]
SECTION HISTORY
PL 1987, c. 734, §2 (NEW).
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Notes of Decisions
Cited in 1 case, 1998–1998 · leading case: Williams v. Williams, 1998 ME 32 (Me. 1998).
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Williams v. Williams, 1998 ME 32 (Me. 1998). “§§ 1663-1666 (Supp. 1997), but the account could not be used for his benefit except for reimbursement of reasonable expenses and compensation for services performed.”
— Me. Rev. Stat. tit. 33, § 1666(1) — 1 case
Williams v. Williams, 1998 ME 32 (Me. 1998). “§§ 1663-1666 (Supp. 1997), but the account could not be used for his benefit except for reimbursement of reasonable expenses and compensation for services performed.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.