Section 13.36.078. Reimbursement of expenses.

Except as otherwise provided in the trust instrument,
        (1) a trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for
             (A) expenses that were properly incurred in the administration of the trust; and
             (B) expenses that were not properly incurred in the administration of the trust to the extent necessary to prevent unjust enrichment of the trust;
        (2) if the trustee advances money for the protection of the trust, the trustee has a lien against trust property to secure reimbursement of the money and payment of reasonable interest on the money.

Notes

History

(Sec. 7 ch 7 SLA 2008)