Florida Statutes Section 736.0709 - Reimbursement Of Expenses. (Fla. Stat. § 736.0709)

736.0709 Reimbursement of expenses.—

(1) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for reasonable expenses that were 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.

History.—s. 7, ch. 2006-217.

Section: Previous  736.0701  736.0702  736.0703  736.0704  736.0705  736.0706  736.0707  736.0708  736.0709  

Last modified: September 23, 2016