Non-liability for co-trustee's defaults.

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Full Text of the Document

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....ment of trust, a trustee is so liable-- (a) where he has delivered trust-property to his co-trustee without seeing to its proper application; (b) where he allows his co-trustee to receive trust-property and fails to make due enquiry as to the co-trustee's dealings therewith, or allows him to retain it longer than the circumstances of the case reasonably require; (c) where he becomes aware of....