D.C. Code § 21-1702: Application of payment made to fiduciaries.
Where this section sits in the code
- Title 21. Fiduciary Relations and Persons with Mental Illness. [Enacted title]
- Chapter 17. General Fiduciary Relations.
- 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