There is a newer version of the Maine Revised Statutes
2013 Maine Revised Statutes
TITLE 18-B: TRUSTS
Chapter 8: DUTIES AND POWERS OF TRUSTEE
18-B §805. Costs of administration
ME Rev Stat § 805 (2013 through 126th 1st Sp Sess) What's This?
Part 1: MAINE UNIFORM TRUST CODE HEADING: PL 2003, C. 618, PT. A, §1 (NEW); §2 (AFF) EFFECTIVE 7/1/05
805. Costs of administration
In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust and the skills of the trustee. [2003, c. 618, Pt. A, 1 (NEW); 2003, c. 618, Pt. A, 2 (AFF).]
SECTION HISTORY
2003, c. 618, A1 (NEW). 2003, c. 618, A2 (AFF).
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