Trustee company may act as executor and obtain probate
5 Trustee company may act as executor and obtain probate
Whenever a trustee company is named expressly or by implication either alone or jointly with any other person as executor of the last will of any testator (whether the will was made before or after the commencement of this Act) the trustee company may act as executor and may apply to the Court for probate of the will of the testator.
The Court may grant probate to the trustee company on an application pursuant to subsection (1).
Where a grant of probate is made to a trustee company pursuant to this section, the trustee company may perform and discharge all the acts and duties of an executor as fully and effectually as a private individual may do when appointed executor.
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