(a) A corporate fiduciary has the power to demand and receive, for the faithful performance and discharge of services performed under the powers vested in the corporate fiduciary by this article:
- (1) reasonable compensation, or compensation as fixed by agreement of the parties;
- (2) all advances necessarily paid out and expended in the discharge and performance of its duties; and
- (3) unless otherwise agreed upon, interest at the legal rate on the advances referred to in subdivision (2).
- (b) The advances referred to in subsection (a) may include the compensation paid for the employment of legal services when necessary for the protection of a trust or other fiduciary relation.
As added by P.L.262-1995, SEC.90.