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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63727</law_id><section_number>64.2-762</section_number><catch_line>Reimbursement of expenses</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="1" identifier="III">Trusts</unit><unit label="chapter" level="3" order_by="1" identifier="7">Uniform Trust Code</unit><unit label="article" level="4" order_by="1" identifier="7">Office of Trustee</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> A <span class="dictionary">trustee</span> is entitled to be reimbursed out of the trust <span class="dictionary">property</span>, with interest as appropriate, for: <a id="paragraph-232120" class="section-permalink" href="https://vacode.org/64.2-762/#A"><i class="fa fa-link"/></a></p></section>
						<section id="A1" class="indent-1"><p><span class="prefix-number">1.</span> Expenses that were properly incurred in the administration of the trust; and <a id="paragraph-232121" class="section-permalink" href="https://vacode.org/64.2-762/#A1"><i class="fa fa-link"/></a></p></section>
						<section id="A2" class="indent-1"><p><span class="prefix-number">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. <a id="paragraph-232122" class="section-permalink" href="https://vacode.org/64.2-762/#A2"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> An advance by the <span class="dictionary">trustee</span> of money for the protection of the trust gives rise to a <span class="dictionary">lien</span> against trust <span class="dictionary">property</span> to secure reimbursement with reasonable interest. <a id="paragraph-232123" class="section-permalink" href="https://vacode.org/64.2-762/#B"><i class="fa fa-link"/></a></p></section></text><history>2005, c. 935, &#xA7; 55-547.09; 2012, c. 614.</history><metadata></metadata></law>
