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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 21-1702: Application of payment made to fiduciaries.

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Where this section sits in the code
  1. Title 21. Fiduciary Relations and Persons with Mental Illness. [Enacted title]
  2. Chapter 17. General Fiduciary Relations.
  3. Subchapter I. Uniform Fiduciaries Act.

A person who in good faith pays or transfers to a fiduciary 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 the payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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