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StatuteTrusts Act 2019

Section 37 — Trusts Act 2019: Duty to act for no reward

Text of the provision Official document

37 Duty to act for no reward A trustee must not take any reward for acting as a trustee, but this does not affect the right of a trustee to be reimbursed for the trustee’s legitimate expenses and disbursements in acting as a trustee ( see section 81(2) ).

Official source: legislation.govt.nz

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