Ala. Code § 19-1-3

Current through the 2024 Regular Session.
Section 19-1-3 - 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.

Ala. Code § 19-1-3 (1975)

Acts 1943, No. 557, p. 544, §2.