Acts and Regulations

2015, c.21 - Trustees Act

Section 36
Disposition versions

Full text
Power to invest
36(1)Subject to the terms of the trust instrument, the trustees may invest trust property in any kind of property or investment.
36(2)For greater certainty,
(a) the trustees may invest in a mutual fund, the common fund of a trust company or a similar pooled fund, and
(b) if a corporation is a trustee, the trustees may invest in the securities of the corporation.
Power to invest
36(1)Subject to the terms of the trust instrument, the trustees may invest trust property in any kind of property or investment.
36(2)For greater certainty,
(a) the trustees may invest in a mutual fund, the common fund of a trust company or a similar pooled fund, and
(b) if a corporation is a trustee, the trustees may invest in the securities of the corporation.