Montana § 72-38-709 Reimbursement Of Expenses

Montana Statutes

§ 72-38-709 — Reimbursement Of Expenses

Montana § 72-38-709

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 38MONTANA UNIFORM TRUST CODE

Part 7Office of Trustee

This text of Montana § 72-38-709 (Reimbursement Of Expenses) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 72-38-709 (2026).

Text

72-38-709 . Reimbursement of expenses.

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

(2)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.

Free access — add to your briefcase to read the full text and ask questions with AI

72-38-709 . Reimbursement of expenses. (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) to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.
(2) 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.