{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-762.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-762.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-762.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-762.html"}],"law_id":63727,"edition_id":1,"section_id":63727,"structure_id":12788,"section_number":"64.2-762","catch_line":"Reimbursement of expenses","history":"2005, c. 935, \u00a7 55-547.09; 2012, c. 614.","full_text":"A\n\nA trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for:1\n\nExpenses that were properly incurred in the administration of the trust; and2\n\nTo the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.B\n\nAn 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.","order_by":null,"text":{"0":{"id":232120,"text":"A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":232121,"text":"Expenses that were properly incurred in the administration of the trust; and","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":232122,"text":"To the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"B"},"3":{"id":232123,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A2"}},"ancestry":[{"id":12788,"edition_id":1,"name":"Office of Trustee","identifier":"7","label":"article","depth":4,"order_by":1,"parent_id":12725,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":274417,"object_type":"structure","relational_id":12788,"identifier":"7","token":"64.2\/III\/7\/7","url":"\/64.2\/III\/7\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12725,"edition_id":1,"name":"Uniform Trust Code","identifier":"7","label":"chapter","depth":3,"order_by":1,"parent_id":12724,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":274107,"object_type":"structure","relational_id":12725,"identifier":"7","token":"64.2\/III\/7","url":"\/64.2\/III\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12724,"edition_id":1,"name":"Trusts","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":273811,"object_type":"structure","relational_id":12724,"identifier":"III","token":"64.2\/III","url":"\/64.2\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":53964,"structure_id":12788,"section_number":"64.2-754","catch_line":"Accepting or declining trusteeship","url":"\/64.2-754\/","token":"64.2\/III\/7\/7\/64.2-754","metadata":false},{"id":63666,"structure_id":12788,"section_number":"64.2-755","catch_line":"Trustee's bond","url":"\/64.2-755\/","token":"64.2\/III\/7\/7\/64.2-755","metadata":false},{"id":61636,"structure_id":12788,"section_number":"64.2-756","catch_line":"Cotrustees","url":"\/64.2-756\/","token":"64.2\/III\/7\/7\/64.2-756","metadata":false},{"id":66102,"structure_id":12788,"section_number":"64.2-757","catch_line":"Vacancy in trusteeship; appointment of successor","url":"\/64.2-757\/","token":"64.2\/III\/7\/7\/64.2-757","metadata":false},{"id":78220,"structure_id":12788,"section_number":"64.2-758","catch_line":"Resignation of trustee","url":"\/64.2-758\/","token":"64.2\/III\/7\/7\/64.2-758","metadata":false},{"id":66828,"structure_id":12788,"section_number":"64.2-759","catch_line":"Removal of trustee","url":"\/64.2-759\/","token":"64.2\/III\/7\/7\/64.2-759","metadata":false},{"id":57985,"structure_id":12788,"section_number":"64.2-760","catch_line":"Delivery of property by former trustee","url":"\/64.2-760\/","token":"64.2\/III\/7\/7\/64.2-760","metadata":false},{"id":71429,"structure_id":12788,"section_number":"64.2-761","catch_line":"Compensation of trustee","url":"\/64.2-761\/","token":"64.2\/III\/7\/7\/64.2-761","metadata":false},{"id":63727,"structure_id":12788,"section_number":"64.2-762","catch_line":"Reimbursement of expenses","url":"\/64.2-762\/","token":"64.2\/III\/7\/7\/64.2-762","metadata":false}],"previous_section":{"id":71429,"structure_id":12788,"section_number":"64.2-761","catch_line":"Compensation of trustee","url":"\/64.2-761\/","token":"64.2\/III\/7\/7\/64.2-761","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-762\/","history_text":"

This law was first created in 2005. The record of its establishment is cataloged in chapter 935<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter 614<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":274451,"object_type":"law","relational_id":63727,"identifier":"64.2-762","token":"64.2\/III\/7\/7\/64.2-762","url":"\/64.2-762\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-762\/","token":"64.2\/III\/7\/7\/64.2-762","dublin_core":{"Title":"Reimbursement of expenses","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-762","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A trustee<\/span> is entitled to be reimbursed out of the trust property<\/span>, with interest as appropriate, for: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Expenses that were properly incurred in the administration of the trust; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> To the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> An advance by the trustee<\/span> of money for the protection of the trust gives rise to a lien<\/span> against trust property<\/span> to secure reimbursement with reasonable interest. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREIMBURSEMENT OF EXPENSES (\u00a7 64.2-762)\n\nA. A trustee is entitled to be reimbursed out of the trust property, with\ninterest as appropriate, for:\n\n 1. Expenses that were properly incurred in the administration of the trust;\n and\n\n 2. To the extent necessary to prevent unjust enrichment of the trust, expenses\n that were not properly incurred in the administration of the trust.\n\nB. An advance by the trustee of money for the protection of the trust gives rise\nto a lien against trust property to secure reimbursement with reasonable\ninterest.\n\nHISTORY: 2005, c. 935, \u00a7 55-547.09; 2012, c. 614.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}