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Section 24

Personal liability of officers

of Trust Companies Act 1949

ActIn forceProvision 24 of 38
Section 24

Where a trust company holds the office of executor, administrator or trustee, every person employed by the company to discharge any of the duties of the office shall, in respect of the duties entrusted to him, be personally responsible to the Court and be subject to the process of the Court, as though he had been personally appointed to that office.