Arizona § 14-10709 Reimbursement of expenses

Arizona Statutes

§ 14-10709 — Reimbursement of expenses

Arizona § 14-10709

Title 14Arizona Revised Statutes

Ch. 11ARIZONA TRUST CODE

Art. 7Office of Trustee

This text of Arizona § 14-10709 (Reimbursement of expenses) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 14-10709 (2026).

Text

A.A trustee is entitled to be reimbursed out of the trust property, with reasonable interest, for:

1.Expenses that were properly incurred in the administration of the trust.

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

B.An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.

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A. A trustee is entitled to be reimbursed out of the trust property, with reasonable interest, for:

1. Expenses that were properly incurred in the administration of the trust.

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

B. An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.