N.Y. EPTL 7-3.3

Current through 2024 NY Law Chapter 553
Section 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.

N.Y. EPTL 7-3.3