Hong Kong Ordinances

TRUSTEE ORDINANCE - SECT 88

Security not required

(1) Notwithstanding the provisions of any other enactment, no trust company to
which a grant of letters of administration has been made shall be required to
furnish security for the due administration of the estate.

(2) Notwithstanding the provisions of any other enactment, no trust company
appointed by the court to perform the duties of receiver, guardian, committee
or any other office or trust shall be required to furnish security for the due
performance of such duties.