Alabama Statutes
§ 19-1-3 — Application of Payments Made to Fiduciaries
Alabama § 19-1-3
This text of Alabama § 19-1-3 (Application of Payments Made to Fiduciaries) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 19-1-3 (2026).
Text
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 any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
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Legislative History
(Acts 1943, No. 557, p. 544, §2.)
Nearby Sections
15
§ 19-1-1
Short Title§ 19-1-11
Chapter Not Retroactive§ 19-1-12
Cases Not Provided for in Chapter§ 19-1-13
Uniformity of Interpretation§ 19-1-2
Definitions§ 19-1-8
Deposit in Name of Principal§ 19-1A-1
Short TitleCite This Page — Counsel Stack
Bluebook (online)
Alabama § 19-1-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/19-1-3.