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    • Legislation USA
    • Maine Revised Statutes
    • TITLE 18-B: TRUSTS
    • Part 1: MAINE UNIFORM TRUST CODE
    • Chapter 8: DUTIES AND POWERS OF TRUSTEE
    • 18-B §805. Costs of administration

    Maine Revised Statutes
    Chapter 8: DUTIES AND POWERS OF TRUSTEE
    18-B §805. Costs of administration

    §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.   [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
    SECTION HISTORY
    PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).

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    Structure Maine Revised Statutes

    Maine Revised Statutes

    TITLE 18-B: TRUSTS

    Part 1: MAINE UNIFORM TRUST CODE

    Chapter 8: DUTIES AND POWERS OF TRUSTEE

    18-B §801. Duty to administer trust

    18-B §802. Duty of loyalty

    18-B §803. Impartiality

    18-B §804. Prudent administration

    18-B §805. Costs of administration

    18-B §806. Trustee's skills

    18-B §807. Delegation by trustee

    18-B §808. Powers to direct (REPEALED)

    18-B §809. Control and protection of trust property

    18-B §810. Record keeping and identification of trust property

    18-B §811. Enforcement and defense of claims

    18-B §812. Collecting trust property

    18-B §813. Duty to inform and report

    18-B §814. Discretionary powers; tax savings

    18-B §815. General powers of trustee

    18-B §816. Specific powers of trustee

    18-B §817. Distribution upon termination

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