15. Trust company not to furnish security
Feedback & supportNotwithstanding the provisions of the Probate and Administration Act [Cap. 251], no trust company to which a grant of letters of administration has been made shall be required to furnish security for the due administration of the estate.
trust company
“trust company” means a company registered as a trust company under this Act.
Notwithstanding the provisions of the Probate and Administration Act or any other Act, no trust company appointed by the court to perform the duties of receiver, guardian, committee, or any other office or trust shall be required to furnish security for the due performance of such duties.
court
“court” means the High Court or any judge thereof in all cases where proceedings are taken in the High Court and means the District Court in all cases where proceedings are taken in a District Court;