A trustee is entitled to be reimbursed out of the trust property for expenses properly incurred in the administration of the trust as provided in G.S. 32-58.
N.C. Gen. Stat. § 36C-7-709
Reimbursement of expenses
Applied in 2 court decisions — leading case In re Clark (2010)
Most recently applied in In re Clark (February 2010)
2005-192, s. 2.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.