GroundRules
18 GCA § 66206: Purchase by Trustee of Claims Against Trust Fund.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 8 - Trusts
- Chapter 66: Trusts for the Benefit of Third Persons
- ARTICLE 2: OBLIGATIONS OF TRUSTEES
A trustee cannot enforce any claim against the trust property which he purchases after or in contemplation of his appointment as trustee; but he may be allowed, by any competent court, to charge to the trust property what he has in good faith paid for the claim, upon discharging the same.
Collected 2026-09-27T03:59:58Z. Source file · JSON