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2019 Utah Code
Title 22 - Fiduciaries and Trusts
Chapter 1 - Fiduciaries
Section 2 - Payments made to fiduciaries.
Universal Citation:
UT Code § 22-1-2 (2019)
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22-1-2. Payments made to fiduciaries.
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 no right or title acquired from the fiduciary in consideration of such payment or transfer is invalid in consequence of a misapplication by the fiduciary.
No Change Since 1953
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 no right or title acquired from the fiduciary in consideration of such payment or transfer is invalid in consequence of a misapplication by the fiduciary.
No Change Since 1953
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