North Carolina General Statutes 36C-7-709. Reimbursement of expenses
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Terms Used In North Carolina General Statutes 36C-7-709
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- Trustee: A person or institution holding and administering property in trust.
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 N.C. Gen. Stat. § 32-58 (2005-192, s. 2.)