THE LAW OF TRUST 345
PART III
THE UST The Administration of a Trust
In connection with the Administration of a Trust, the Trustee has certain—
(i) Duties—Sections 12—20.
(ii) Liabilities—Sections 23—30
(iii) Rights—Sections 31—36.
(iv) Powers—Sections 37—45.
(v) Disabilities—Sections 46—54. Similarly the beneficiary has certain—
(i) Rights—Sections 55—67.
(ii) Liabilities—Section 68. I. Duties of a Trustee
Sections 12—20
V (2) Duty to obey directions contained in the Trust.
IV (3) Duty to act impartially between the beneficiaries.
IV (4) Duty to sell Wasting and Reversionary property.
IV (5) Duty in relation to payment of outgoing of Crops and income.
IV (6) Duty to exercise reasonable care.
IV (7) Duty in relation to the Investment of Trust Funds.
IV (8) Duty to pay Trust moneys to the Right Persons.
- Each page contains only the heading and not the details—ed. thoried.