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Chapter 3 of The Indian Trust Act, 1882 (Act No. 02)
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Of The Duties And Liabilities Of Trustees
3 (III)
Act Details
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The Indian Trust Act, 1882
02
13-01-1882
The Indian Trust Act, 1882
An Act to define and amend the law relating to Private Trusts and Trustees.
Ministry of Law and Justice
Legislative Department
Sections from Chapter 3 of The Indian Trust Act, 1882 (Act No. 02)
11 - Trustee to execute trust.
12 - Trustee to inform himself of state of trust-property.
13 - Trustee to protect title to trust-property.
14 - Trustee not to set up title adverse to beneficiary.
15 - Care required from trustee.
16 - Conversion of perishable property.
17 - Trustee to be impartial.
18 - Trustee to prevent waste.
19 - Accounts and information.
20 - Investment of trust-money.
20A - Power to purchase redeemable stock at a premium.
21 - Mortgage of land pledged to Government under Act 26 of 1871.
22 - Sale by trustee directed to sell within specified time.
23 - Liability for breach of trust.
24 - No set-off allowed to trustee.
25 - Non-liability for predecessor’s default.
26 - Non-liability for co-trustee’s default.
27 - Several liability of co-trustees.
28 - Non-liability of trustee paying without notice of transfer by beneficiary.
29 - Liability of trustee where beneficiary’s interest is forfeited to the Government.
30 - Indemnity of trustees.
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