2010 Mississippi Code
TITLE 91 - TRUSTS AND ESTATES
Chapter 7 - Executors and Administrators.
91-7-51 - Effect of receipt for money by executor or trustee.
§ 91-7-51. Effect of receipt for money by executor or trustee.
The receipt by an executor or any trustee, whether under a will or other instrument, for any money payable to him in the execution of his trust shall discharge the person paying it from any liability to see to the application of the money, unless otherwise expressly provided in the instrument which creates the trust.
Sources: Codes, 1880, § 1985; 1892, § 1839; 1906, § 2014; Hemingway's 1917, § 1679; 1930, § 1623; 1942, § 519.
Disclaimer: These codes may not be the most recent version. Mississippi 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.
