760 ILCS 65/2
Where this section sits in the code
- CHAPTER 760 TRUSTS AND FIDUCIARIES
- Fiduciary Obligations Act.
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.
Collected 2026-09-15T04:46:45Z. Source file · JSON