Section 2114. Review of compensation of corporate trustee 1  


Latest version.
  • At any time during the administration of a testamentary or lifetime
      trust  and  irrespective of the pendency of a particular proceeding, the
      court may review the reasonableness of the  compensation  determined  by
      the  corporate  trustee  for  the  trustee's own services. Any corporate
      trustee who has received excessive compensation  from  a  trust  may  be
      ordered to make appropriate refunds.
        2.  A  proceeding may be instituted by petition of a corporate trustee
      of the trust or any person interested in the trust. No accounting  shall
      be required in such proceeding.
        3.  No trustee shall be liable or accountable for any commissions paid
      to another trustee hereunder which a court orders to be refunded to  the
      trust or any person interested in the trust.