{"data":{"id":"us-il/760-ilcs-20-17","jurisdiction":"us-il","citation":"760 ILCS 20/17","heading":"Exemption of Third Person from Liability.","body":"A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:\n(1) the validity of the purported custodian's designation;\n(2) the propriety of, or the authority under this Act for, any act of the purported custodian;\n(3) the validity or propriety under this Act of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or\n(4) the propriety of the application of any property of the minor delivered to the purported custodian.","path":["CHAPTER 760 TRUSTS AND FIDUCIARIES","Illinois Uniform Transfers to Minors Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2120\u0026ChapterID=61\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:44Z","sha256":"8760e586af93aca9838b197cda9fc00703d3ecf51fc69ac3f6f4deb24194d5cb","source_id":"us-il","stale":false,"prev":"us-il/760-ilcs-20-16","next":"us-il/760-ilcs-20-18"},"notice":"GroundRules: Original legal text. Not legal advice."}