{"data":{"id":"us-ky/krs-385.162","jurisdiction":"us-ky","citation":"KRS 385.162","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\notherwise deal with any person purporting to make a transfer or purporting to act in the\ncapacity of a  custodian and, in the absence of knowledge, is not responsible fo r\ndetermining:\n(1) The validity of the purported custodian's designation;\n(2) The propriety of, or the authority under KRS 385.032 to 385.222 for, any act of the\npurported custodian;\n(3) The validity or propriety under KRS 385.032 to 385.222 of any instrum ent or\ninstructions executed or given either by the person purporting to make a transfer or\nby the purported custodian; or\n(4) The propriety of the application of any property of the minor delivered to the\npurported custodian.","path":["KRS Chapter 385"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35811","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:15Z","sha256":"141251802825075396c87e75416ae3a2a21502106b6ca2e06a10b7d870a2d24b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-385.160","next":"us-ky/krs-385.170"},"notice":"GroundRules: Original legal text. Not legal advice."}