sec.119Rejection of appointment

### sec.119 Rejection of appointment The public trustee may decline, either absolutely or except upon conditions, to accept any trust or to act in any capacity to which the public trustee may be appointed under this Act. If any appointment of the public trustee to any such capacity is not accepted by the public trustee, the public trustee shall give notice thereof to such persons as the public trustee thinks fit. If any property has become vested in the public trustee by virtue of an appointment which is rejected, such property, by virtue of such rejection, shall cease to be vested in the public trustee and be deemed not to have become vested in the public trustee who may execute and do any instruments and things to give effect to such rejection. A notice or certificate of acceptance or rejection of any appointment, in writing signed by the public trustee, shall be conclusive evidence of such acceptance or rejection. (sec.119-ssec.1) The public trustee may decline, either absolutely or except upon conditions, to accept any trust or to act in any capacity to which the public trustee may be appointed under this Act. (sec.119-ssec.2) If any appointment of the public trustee to any such capacity is not accepted by the public trustee, the public trustee shall give notice thereof to such persons as the public trustee thinks fit. (sec.119-ssec.3) If any property has become vested in the public trustee by virtue of an appointment which is rejected, such property, by virtue of such rejection, shall cease to be vested in the public trustee and be deemed not to have become vested in the public trustee who may execute and do any instruments and things to give effect to such rejection. (sec.119-ssec.4) A notice or certificate of acceptance or rejection of any appointment, in writing signed by the public trustee, shall be conclusive evidence of such acceptance or rejection.