Sections | Indian Trusts Act, 1882 |
| Preamble |
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| CHAPTER I: PRELIMINARY |
1. | Short title and commencement |
2. | Repeal of enactments |
3. | Interpretation-clause-"Trust" |
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| CHAPTER II : OF THE CREATION OF TRUSTS |
4. | Lawful purpose |
5. | Trust of immovable property |
6. | Creation of trust |
7. | Who may create trusts |
8. | Subject of trust |
9. | Who may be beneficiary |
10. | Who may be trustee |
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| CHAPTER III : OF THE DUTIES AND LIABILITIES OF TRUSTEES |
11. | Trustee to execute trust |
12. | Trustee to inform himself of state of trust property |
13. | Trustee to protect title to trust-property |
14. | Trustee not to set up title adverse to beneficiary |
15. | Care required from trustee |
16. | Conversion of perishable property |
17. | Trustee to be impartial |
18. | Trustee to prevent waste |
19. | Accounts and information |
20. | Investment of trust money |
20A. | Power to purchase redeemable stock at a premium |
21. | Mortgage of land pledged to Government under Act 26 of 1871. Deposit in Government Savings Bank |
22. | Sale by trustee directed to sell within specified time |
23. | Liability for breach of trust |
24. | No set-off allowed to trustee |
25. | Non-liability for predecessor's default |
26. | Non-liability for co-trustee's default |
27. | Several liabilities of co-trustees |
28. | Non-liability of trustee paying without notice of transfer by beneficiary |
29. | Liability of trustee where beneficiary's interest is forfeited to the Government |
30. | Indemnity of trustee |
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| CHAPTER IV : OF THE RIGHTS AND POWERS OF TRUSTEES |
31. | Right to title-deed |
32. | Right to re imbursement of expenses |
33. | Right to indemnity from gainer by breach of trust |
34. | Right to apply to Court for opinion in management of trust-property |
35. | Right to settlement of accounts |
36. | General authority of trustee |
37. | Power to sell in lots, and either by public auction or private contract |
38. | Power to sell under special conditions. Power to buy-in- and resell |
39. | Power to convey |
40. | Power to vary investments |
41. | Power to apply property of minors, etc., for their maintenance, etc. |
42. | Power to give receipts |
43. | Power to compound, etc. |
44. | Power to several trustees of whom one disclaims or dies |
45. | Suspension of trustee's powers by decree |
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| CHAPTER V : OF THE DISABILITIES OF TRUSTEES |
46. | Trustees cannot renounce after acceptance |
47. | Trustee cannot delegate |
48. | Co-trustees cannot act singly |
49. | Control of discretionary power |
50. | Trustee may not charge for services |
51. | Trustee may not use trust-property for his own profit |
52. | Trustee for sale or his agent may not buy |
53. | Trustee may not buy beneficiary's interest without permission |
54. | Co-trustees may not lend to one of themselves |
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| CHAPTER VI : OF THE RIGHTS AND LIABILITIES OF THE BENEFICIARY |
55. | Right to rents and profits |
56. | Right to specific execution |
57. | Right to inspect and take copies of instrument of trust accounts, etc. |
58. | Right to transfer beneficial interest |
59. | Right to sue for execution of trust |
60. | Right to proper trustees |
61. | Right to compel to any act of duty |
62. | Wrongful purchase by trustee |
63. | Following trust-property-into the hands of third persons, into that into which it has been converted |
64. | Saving of rights of certain transferees |
65. | Acquisition by trustee of trust-property wrongfully converted |
66. | Right in case of blended property |
67. | Wrongful employment by partner-trustee of trust-property for partnership |
68. | Liability of beneficiary joining in breach of trust |
69. | Rights and liabilities of beneficiary's transferee |
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| CHAPTER VII : OF VACATING THE OFFICE OF TRUSTEE |
70. | Office how vacated |
71. | Discharge of trustee |
72. | Petition to be discharged from trust |
73. | Appointment of new trustees on death, etc. |
74. | Appointment by Court |
75. | Vesting of trust-property in new trustees |
76. | Survival of trust |
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| CHAPTER VIII : OF THE EXTINCTION OF TRUSTS |
77. | Trust how extinguished |
78. | Revocation of trust |
79. | Revocation not to defeat what trustees have duly done |
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| CHAPTER IX: OF CERTAIN OBLIGATIONS IN THE NATURE OF TRUSTS |
80. | Where obligation in nature of trust is created |
81. | Where it does not appear that transferor intended to dispose of beneficial interest |
82. | Transfer to one for consideration paid by another |
83. | Trust incapable of execution or executed without exhausting trust-property |
84. | Transfer for illegal purpose |
85. | Bequest for illegal purpose |
86. | Transfer pursuant to rescindable contract |
87. | Debtor becoming creditor's representative |
88. | Advantage gained by fiduciary |
89. | Advantage gained by exercise of undue influence |
90. | Advantage gained by qualified owner |
91. | Property acquired with notice of existing contract |
92. | Purchase by person contracting to buy property to be held on trust |
93. | Advantage secretly gained by one of several compounding creditors |
94. | Constructive trusts in cases not expressly provided for |
95. | Obligator's duties, liabilities and disabilities |
96. | Saving of rights of bona fide purchasers |
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