sec.44Power to compound liabilities

### sec.44 Power to compound liabilities A trustee may, if and as the trustee thinks fit— accept any property, real or personal, before the time at which it is made transferable or payable; or sever and apportion any blended trust funds or property; or pay or allow any debt or claim on any evidence that the trustee thinks sufficient; or accept, make or give any composition or any security, real or personal, for any debt or for any property, real or personal, claimed; or allow any time for payment of any debt; or compromise, compound, abandon, submit to arbitration or otherwise settle any debt, account, claim or thing whatever relating to the trust or to the trust property; and for any of those purposes may enter into, give, execute, and do such agreements, instruments of composition or arrangement, releases, and other things as to the trustee seem expedient, without being responsible for any loss occasioned by any act or thing so done by the trustee in good faith. s 44 amd 1981 No. 72 s 15 - (a) accept any property, real or personal, before the time at which it is made transferable or payable; or - (b) sever and apportion any blended trust funds or property; or - (c) pay or allow any debt or claim on any evidence that the trustee thinks sufficient; or - (d) accept, make or give any composition or any security, real or personal, for any debt or for any property, real or personal, claimed; or - (e) allow any time for payment of any debt; or - (f) compromise, compound, abandon, submit to arbitration or otherwise settle any debt, account, claim or thing whatever relating to the trust or to the trust property;