Idaho Code 15-7-205 – Proceedings for Review of Employment of Agents and Review of Compensation of Trustee and Employees of Trust
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 15-7-205
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Trustee: A person or institution holding and administering property in trust.
On petition of an interested person, after notice to all interested persons, the court may review the propriety of employment of any person by a trustee including any attorney, auditor, investment advisor or other specialized agent or assistant, and the reasonableness of the compensation of any person so employed, and the reasonableness of the compensation determined by the trustee for his own services. Any person who has received excessive compensation from a trust may be ordered to make appropriate refunds.