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.
Idaho Code § 68-302
Application of payments made to fiduciaries
Known as the Uniform Fiduciaries Law
The act spans §§ 68–68 (15 sections).
1925, ch. 217, § 2, p. 393; I.C.A., § 66-302.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.