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[Cites 0, Cited by 1] [Section 36A] [Entire Act]

State of Maharashtra - Subsection

Section 36A(1) in The Maharashtra Public Trusts Act, 1950

(1)A trustee of every public trust shall administer the affairs of the trust and apply the funds and properties thereof for the purpose and objects of the trust in accordance with the terms of the trust, usage of the institution and lawful directions which the Charity Commissioner or court may issue in respect thereof, and exercise the same care as a man of ordinary prudence does when dealing with such affairs, funds or property, if they were his own.