Guam § 66401 - Indemnification of Trustee.
Full text of Guam Guam Code Annotated § 66401 — Indemnification of Trustee., with citation guidance and answers to common questions.
§ 66401. Indemnification of Trustee.
A trustee is entitled to the repayment, out of the trust property, of all
expenses actually and properly incurred by him in the performance of his
trust. He is entitled to the repayment of even unlawful expenditures, if they
were productive of actual benefit to the estate.
Frequently Asked Questions About Guam § 66401
What does Guam Code Annotated § 66401 cover?
Section 66401 ("Indemnification of Trustee.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 66401?
A common citation format is "Guam Code Annotated § 66401" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 66401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.