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2006 New York Code - Person Paying Money To The Trustee Protected



 
  § 7-3.3 Person paying money to the trustee protected
    A person who in good faith transfers money or property to a trustee is
  not  responsible  for  the proper application of such money or property;
  and any right or title derived by him from the trustee in  consideration
  of such transfer is not affected by the trustee's misapplication of such
  money or property.

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