2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 130
130.640 UTC 709. Reimbursement of expenses.


OR Rev Stat § 130.640 (through Leg Sess 2011) What's This?

(1) A trustee is entitled to be reimbursed out of the trust property, with reasonable interest if appropriate, for:

(a) Expenses that were properly incurred in the administration of the trust; and

(b) To the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.

(2) A trustee is entitled to be reimbursed out of the trust property or from property that has been distributed from the trust, with reasonable interest, for an advance of money made by the trustee for the protection of the trust. [2005 c.348 58]

DUTIES AND POWERS OF TRUSTEE

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