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Section 30 – The Indian Trusts Act, 1882

The Indian Trusts Act, 1882


30. Indemnity of trustees


Subject to the provisions of the instrument of trust and of Sections 23 and 26, trustees shall be respectively chargeable only for such moneys, stocks, funds and securities as they respectively actually receive, and shall not be answerable the one for the other of them, nor for any banker or other person in whose hands any trust-property may be placed, nor for the insufficiency or deficiency of ally stocks, funds or securities, nor otherwise for involuntary losses.



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The Indian Trusts Act, 1882


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