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Fla. Stat. § 736.0709 – Florida Statutes

Text of Fla. Stat. § 736.0709

Reimbursement of expenses.—

(1) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for reasonable expenses that were 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.

History of Fla. Stat. § 736.0709

Fla. Stat. § 736.0709 became law on July 1, 2007 as part of the Florida Trust Code. It has not been amended or revised since that date.