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Indemnity to trustees. 27. The trustees shall not, nor shall any of them, by being party to or executing as such trustee any contract or other instrument, or otherwise lawfully executing any of the powers given to the trustees by this Act or the byelaws to be made in pursuance of its provisions, be subject to be sued or prosecuted by any person whomsoever, nor shall the bodies, goods, or lands of such trustees or any of them be liable to execution of any legal process by reason of any contract or other instrument so entered into, signed, or executed by them, or any of them, or by reason of any other lawful act done by them, or any of them, in the execution of any of their powers as such trustees as aforesaid, and the trustees, their heirs, executors, and administrators, shall be indemnified out of the trust funds for all payments made or liabilities incurred in respect of any acts done by them, and for all losses, costs, and damages which they may incur in the execution of this Act, and the trustees for the time being may apply the trust funds for the purposes of such indemnity.
© 1871 Crown Copyright
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