TITLE 18
Fiduciaries
CHAPTER 18-6
Accounting
SECTION 18-6-1
§ 18-6-1 Compensation and expenses of
trustee.
Every trustee under any trust instrument, whether previously or subsequently
made, shall be entitled to reasonable expenses and costs incurred in the
execution of the trust, and also reasonable compensation for services rendered
as trustee, which expenses, costs, and compensation may be charged annually or
from time to time and may be equitably apportioned between principal and income
in a manner that the trustee shall determine.
History of Section.
(G.L. 1938, ch. 486, § 26; P.L. 1956, ch. 3838, § 1; G.L. 1956,
§ 18-6-1.)