N.C. Gen. Stat. § 32-3

Current through Session Law 2024-11
Section 32-3 - 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.

N.C. Gen. Stat. § 32-3

1923, c. 85, s. 2; C.S., s. 1864(f).