18 GCA § 65302: Third Persons, Trust Property.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 8 - Trusts
- Chapter 65: Trusts in General
- ARTICLE 3: LIABILITIES OF THIRD PERSONS
One who actually and in good faith transfers any money or other property to a trustee, as such, is not bound to see to the application thereof, and his rights can in no way be prejudiced by a misapplication thereof by the trustee. Other persons must, at their peril, see to the proper application of money or other property paid or delivered by them.
Collected 2026-09-27T03:59:48Z. Source file · JSON