KRS 386B.7-090: Reimbursement of expenses.
Where this section sits in the code
(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, exp enses
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.
Collected 2026-09-05T20:59:19Z. Source file · JSON