INVESTMENTS AND SECURITIES ACT

Section 183: Liability of trustee or custodian in respect of loss of assets.

2007Section 183 of 316Federal Republic of Nigeria

The trustee or custodian shall indemnify the manager and investors against any loss or damage suffered in respect of money or other assets in the custody of the trustee or custodian and which loss or damage is caused by a willful or negligent act or omission by the trustee or custodian.

Cite this section

Section 183, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/183/