SEC. 411. The term "trustee" shall include any individual,
corporation, association, foundation, or entity, except the National
Government, its instrumentalities or political subdivisions, in charge
of, or acting for, or concerned with the administration of, the trust
referred to in the section immediately preceding and with the proper
application of trust property.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationPD 612 (The Insurance Code) Section 411 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).