Utah Code 22-1-2. Payments made to fiduciaries
Current as of: 2023 | Check for updates
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Terms Used In Utah Code 22-1-2
- Fiduciary: A trustee, executor, or administrator.
- Person: means :Utah Code 68-3-12.5
- Property: includes both real and personal property. See Utah Code 68-3-12.5
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 no right or title acquired from the fiduciary in consideration of such payment or transfer is invalid in consequence of a misapplication by the fiduciary.
No Change Since 1953