C.R.S. § 15-5-709: Reimbursement of expenses.
Where this section sits in the code
- Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES
- Article 5 - Colorado Uniform Trust Code
- Part 7 - OFFICE OF TRUSTEE
(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) A reasonable 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.
Collected 2026-09-14T18:37:45Z. Source file · JSON