TITLE 68

TRUSTS AND FIDUCIARIES

CHAPTER 3

UNIFORM FIDUCIARIES LAW

68-302.  Application of payments made to fiduciaries. A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary; and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

History:

[(68-302) 1925, ch. 217, sec. 2, p. 393; I.C.A., sec. 66-302.]