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        Trust and Society

        Section 30 - Indemnity of trustees.

        Indian Trusts Act, 1882
        Chapter 01

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        Trustee indemnity limits liability to trust property actually received, excluding co trustee, banker or involuntary loss liability. Trustees are chargeable only for moneys, stocks, funds and securities they actually receive and are not answerable for co trustees, bankers, brokers, insufficiency of securities or involuntary losses, subject to the instrument of trust and statutory exceptions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Trustee indemnity limits liability to trust property actually received, excluding co trustee, banker or involuntary loss liability.

                                Trustees are chargeable only for moneys, stocks, funds and securities they actually receive and are not answerable for co trustees, bankers, brokers, insufficiency of securities or involuntary losses, subject to the instrument of trust and statutory exceptions.


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