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The 189th General Court of the Commonwealth of Massachusetts

Section 709: Reimbursement of expenses

[Text of section applicable as provided by 2012, 140, Sec. 66.]

Section 709. Reimbursement of expenses

(a) A trustee shall be entitled to be reimbursed out of the trust property, with interest as appropriate, for:

(1) expenses that were properly incurred in the administration of the trust; and

(2) expenses that were not properly incurred in the administration of the trust, to the extent necessary to prevent unjust enrichment of the trust.

(b) An advance by the trustee of money for the protection of the trust shall give rise to a lien against trust property to secure reimbursement with reasonable interest.