Trusts Act of 1882

Bangladesh

(amended through 2000)

The Trusts Act of 1882 provides for the registration of a microcredit organization in Bangladesh in addition to the other acts mentioned under the Microcredit Regulatory Authority Act of 2006.

The act is organized as follows:

  • Chapter I Preliminary;
  • Chapter II Of the Creation of Trusts;
  • Chapter III Of the Duties and Liabilities of Trustees;
  • Chapter IV Of the Rights and Powers of Trustees;
  • Chapter V Of the Disabilities of Trustees;
  • Chapter VI Of the Rights and Liabilities of the Beneficiary;
  • Chapter VII Of Vacating the Office of Trustee;
  • Chapter VIII Of the Extinction of Trusts; and
  • Chapter IX Of Certain Obligations in the Nature of Trusts.