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of <h1>Trustees Only Liable for Assets Personally Received, Not Others' Actions, per Indian Trusts Act, 1882, Section 30.</h1> Trustees are only accountable for the money, stocks, funds, and securities they personally receive, as per the Indian Trusts Act, 1882, Section 30. They are not responsible for the actions of other trustees, nor for any banker, broker, or other individual holding trust property. Additionally, trustees are not liable for any insufficiency or deficiency in stocks, funds, or securities, or for any involuntary losses, unless specified otherwise by the trust instrument or relevant sections of the Act.
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