11Corporation may act as trustee in some cases

##### 11. Corporation may act as trustee in some cases (1) Any trustee corporation may be appointed and may lawfully act as the sole trustee in respect of any trust, notwithstanding that the instrument creating the trust may provide for or direct the appointment of 2 or more trustees; and nothing in this subsection prevents any other corporation from acting as a trustee in accordance with any authority vested in it in that behalf, whether by its memorandum of association or otherwise, but a corporation shall not administer the estate of any deceased person unless expressly authorised to do so by any Act. (2) This section does not permit the appointment of a corporation as trustee if the instrument creating the trust forbids the appointment of the corporation. (3) This section extends to any trust or instrument and to any appointment of trustees, whether created or made before or after the commencement of this Act.