Can the principal and the trustee be the same person?

2021-11-07 05:46:57

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The settlor and the trustee cannot be the same person.

【Legal basis】

Article 398 of the Contract Law, entrustment fees,

Can the principal and the trustee be the same person?

The principal shall pay in advance the cost of handling the entrusted affairs. The trustee shall reimburse the necessary expenses and interest thereof for the necessary expenses advanced by the trustee for the handling of the entrusted affairs.

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