2005 Idaho Code - 68-816 — EXEMPTION OF THIRD PERSON FROM LIABILITY

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 8
                             TRANSFERS TO MINORS
    68-816.  EXEMPTION OF THIRD PERSON FROM LIABILITY. 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:
    (1)  The validity of the purported custodian's designation;
    (2)  The propriety of, or the authority under this chapter for, any act of
the purported custodian;
    (3)  The validity or propriety under this chapter of any instrument or
instructions executed or given either by the person purporting to make a
transfer or by the purported custodian; or
    (4)  The propriety of the application of any property of the minor
delivered to the purported custodian.

Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.