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Chapter 5 of The Indian Trust Act, 1882 (Act No. 02) View all Acts

Of The Disabilities Of Trustees
5 (V)

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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 5 of The Indian Trust Act, 1882 (Act No. 02)

46 - Trustee cannot renounce after acceptance.
47 - Trustee cannot delegate.
48 - Co-trustees cannot act singly.
49 - Control of discretionary power.
50 - Trustee may not charge for services.
51 - Trustee may not use trust-property for his own profit.
52 - Trustee for sale or his agent may not buy.
53 - Trustee may not buy beneficiary’s interest without permission.
54 - Co-trustees may not lend to one of themselves.
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