2019 Louisiana Laws
Revised Statutes
Title 9 - Civil Code-Ancillaries
§3802. Payment or transfer to fiduciary; responsibility for proper application

Universal Citation: LA Rev Stat § 9:3802 (2019)

RS 3802 - Payment or transfer to fiduciary; responsibility for proper application

A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary; and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

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