52(1)No person, holding stock in the company as an executor, tutor, curator, guardian or trustee of or for any person named in the books of the company as being so represented by him, is personally subject to liability as a shareholder; but the estate and funds in the hands of such person are liable in like manner, and to the same extent, as the testator or intestate would be if living, or the minor, ward or interdicted person, or the person interested in the trust fund would be if competent to act and holding the stock in his own name.

52(2)No person holding such stock as collateral security is personally subject to such liability, but the person pledging the stock shall be considered for the purpose of such liability as holding the same and is liable as a shareholder accordingly.

52(1)No person, holding stock in the company as an executor, tutor, curator, guardian or trustee of or for any person named in the books of the company as being so represented by him, is personally subject to liability as a shareholder; but the estate and funds in the hands of such person are liable in like manner, and to the same extent, as the testator or intestate would be if living, or the minor, ward or interdicted person, or the person interested in the trust fund would be if competent to act and holding the stock in his own name.

52(2)No person holding such stock as collateral security is personally subject to such liability, but the person pledging the stock shall be considered for the purpose of such liability as holding the same and is liable as a shareholder accordingly.