In force1985 Revised EditionCurrent version · 1985 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
26. Liability on winding up
Feedback & supportUpon the winding up of a trust company, every person who has been a director of the company at any time within the period of two years immediately preceding the commencement of the winding up becomes liable for the balance unpaid on every share which he may have transferred during the two years.
trust company
Defined · s 2
“trust company” means a company registered as a trust company under this Act.