State Codes and Statutes
Statutes > Maryland > Estates-and-trusts > Title-15 > Subtitle-2 > 15-202§ 15-202. Application of payments made to fiduciaries.
A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary is authorized to receive, is not responsible for the proper application of it by the fiduciary; and any right or title acquired from the fiduciary in consideration of payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
[An. Code 1957, art. 37A, § 2; 1974, ch. 11, § 2.]
