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Maryland Code, Estates and Trusts § 15-202

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary is authorized to receive, is not responsible for the proper application of the money or property by the fiduciary.

(b) A right or title to money or other property acquired from a fiduciary in consideration of payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

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Cite this article: FindLaw.com - Maryland Code, Estates and Trusts § 15-202 - last updated January 01, 2025 | https://codes.findlaw.com/md/estates-and-trusts/md-code-est-and-trst-sect-15-202/

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