Public-domain · open source
OpenJurist

Haw. Rev. Stat. § 556-2

Application of payments made to fiduciaries

L 1945, c 197, §2; RL 1955, §189-2; HRS §556-2

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.

Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.