65: Acquisition by trustee of trust property wrongfully converted
The Trusts Act · Federal Acts · Chapter VI · in_force
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Where a trustee wrongfully sells or otherwise transfers trust"‘property and afterwards himself becomes the owner of the property, the property again becomes subject to the trust, notwithstanding any want of notice on the part of intervening transferees in good faith for consideration.
Effective date: 1882-03-01
Related sections
64: Saving of rights of certain transferees66: Right in case of blended property63: Following trust property into the hands of third persons; into that into which it has been converted67: Wrongful employment by partner trustee of trust property for partnership purposes62: Wrongful purchase by trustee68: Liability of beneficiary joining in breach of trust
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