Ind. Code § 30-2-4-2

Current through P.L. 171-2024
Section 30-2-4-2 - 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 to title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

IC 30-2-4-2

Formerly: Acts 1927, c.17, s.2.