{"data":{"id":"us-az/a.r.s.-14-11012","jurisdiction":"us-az","citation":"A.R.S. § 14-11012","heading":"Protection of person dealing with trustee","body":"A. A person other than a beneficiary who in good faith assists a trustee or who in good faith and for value deals with a trustee, without knowledge that the trustee is exceeding or improperly exercising the trustee's powers, is protected from liability as if the trustee properly exercised the power.\n\nB. A person other than a beneficiary who in good faith deals with a trustee is not required to inquire into the extent of the trustee's powers or the propriety of their exercise.\n\nC. A person who in good faith delivers assets to a trustee need not ensure their proper application.\n\nD. A person other than a beneficiary who in good faith assists a former trustee or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated, is protected from liability as if the former trustee were still a trustee.\n\nE. Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section.","path":["Title 14 Trusts, Estates and Protective Proceedings"],"source_url":"https://www.azleg.gov/ars/14/11012.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-10-26T05:51:13Z","sha256":"0aa727a7f4f728ea40650d143077d0054e085e590d0646961ccd52e1a7b02ac6","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-14-11011","next":"us-az/a.r.s.-14-11013"},"notice":"GroundRules: Original legal text. Not legal advice."}