Liability of officers
Personal liability of officers
24.  Where a trust company holds the office of executor, administrator or trustee, every person employed by the company to discharge any of the duties of that office is, in respect of the duties entrusted to him, personally responsible to the court and is subject to the process of the court, as though he had been personally appointed to the office.
Loan to director, etc.
25.  If any loan is made by a trust company to any director or other officer or employee thereof in contravention of section 19, all directors and officers of the company who made the loan or assented thereto are jointly and severally liable to the company for the amount thereof with interest.
Liability on winding up
26.  Upon the winding up of a trust company, every person who has been a director of the company at any time within the period of two years immediately preceding the commencement of the winding up becomes liable for the balance unpaid on every share which he may have transferred during the two years.