South Australian Consolidated Acts South Australian Consolidated Acts8—Trustee company may act jointly
(1) A trustee company
may be appointed to act as executor, administrator, or in any other capacity
authorised by this Act, either alone or jointly with another person.
(2) Where a
trustee company is appointed to act jointly with another person—
(a) any
property held or controlled by the company and that other person jointly may,
with the consent in writing of the other person, be dealt with by the company
alone; and
(b) in
that event the other person is exonerated from liability that might (but for
this paragraph) have arisen from the company's subsequent dealing with the
property.