Revised Laws of Saint Lucia (2021)

2150.   Power to deposit money at bank and to pay calls

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    (1)   Trustees may, pending the negotiation and preparation of any mortgage or charge, or during any other time while an investment is being sought for, pay any trust money into a bank to a deposit or other account, and all interest, if any, payable in respect thereof shall be applied as income.

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    (2)   Trustees may apply capital money subject to a trust in payment of the calls on any shares subject to the same trust.