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SETTLED LAND ACT 1882 - SECT 41

Protection of each trustee individually.

41. Each person who is for the time being trustee of a settlement is
answerable for what he actually receives only, notwithstanding his signing any
receipt for conformity, and in respect of his own acts, receipts, and defaults
only, and is not answerable in respect of those of any other trustee, or of
any banker, broker, or other person, or for the insufficiency or deficiency of
any securities, or for any loss not happening through his own wilful default.

© 1882 Crown Copyright

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