Revised Laws of Saint Lucia (2021)

32.   Improper employment of trust property for partnership purposes

  1.  

    If a partner, being a trustee, improperly employs trust property in the business or on the account of the partnership, no other partner is liable for the trust property to the persons beneficially interested therein—

(1)   this article shall not affect any liability incurred by any partner by reason of his or her having notice of a breach of trust; and

(2)   nothing herein shall prevent trust money from being followed and recovered from the firm if still in its possession or under its control.