State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-3 > 7-3-3

§ 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.

State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-3 > 7-3-3

§ 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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-3 > 7-3-3

§ 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.