##### 41. Receipts may be given (1) The receipt in writing of a trustee for any money, securities or other personal property or effects payable, transferable or deliverable to him under any trust or power is a sufficient discharge to the person paying, transferring or delivering it or them, and effectually exonerates that person from seeing to the application, or being answerable for any loss or misapplication, of the money, securities or other personal property or effects. (2) This section applies notwithstanding anything to the contrary contained in the instrument (if any) creating the trust.

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