State Codes and Statutes

Statutes > Alaska > Title-13 > Chapter-13-36 > Article-03 > Sec-13-36-078

Except as otherwise provided in the trust instrument,

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

(2) if the trustee advances money for the protection of the trust, the trustee has a lien against trust property to secure reimbursement of the money and payment of reasonable interest on the money.

State Codes and Statutes

Statutes > Alaska > Title-13 > Chapter-13-36 > Article-03 > Sec-13-36-078

Except as otherwise provided in the trust instrument,

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

(2) if the trustee advances money for the protection of the trust, the trustee has a lien against trust property to secure reimbursement of the money and payment of reasonable interest on the money.


State Codes and Statutes

State Codes and Statutes

Statutes > Alaska > Title-13 > Chapter-13-36 > Article-03 > Sec-13-36-078

Except as otherwise provided in the trust instrument,

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

(2) if the trustee advances money for the protection of the trust, the trustee has a lien against trust property to secure reimbursement of the money and payment of reasonable interest on the money.

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