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2006 Alabama Code - Section 35-4-254 — Responsibility of payor for payment made to trustee.

In all cases in which a payment has been or may be made to a trustee authorized to receive the same, the person making such payment is not responsible for its application according to the trust, nor can any right or title derived from such trustee, in consideration of such payment, be impeached on account of any misapplication of the same, unless it be made to appear that the person making such payment colluded with the trustee, or knew of his intention to waste or mismanage the funds.

(Code 1852, §1318; Code 1867, §1588; Code 1876, §2197; Code 1886, §1843; Code 1896, §1039; Code 1907, §3411; Code 1923, §6916; Code 1940, T. 47, §148.)

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