Connecticut § 45a-559a Exemption of third party from liability.

Connecticut Statutes

§ 45a-559a — Exemption of third party from liability.

Connecticut·Title 45a Probate Courts and Procedure·Ch. 802d Connecticut Uniform Transfers to Minors Act

A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:

(1)The validity of the purported custodian's designation;

(2)the propriety of, or the authority under sections 45a-557 to 45a-560b, inclusive, for, any act of the purported custodian;

(3)the validity or propriety under sections 45a-557 to 45a-560b, inclusive, of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or (4) the propriety of the application of any property of the minor delivered to the purported custodian.

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A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining: (1) The validity of the purported custodian's designation; (2) the propriety of, or the authority under sections 45a-557 to 45a-560b, inclusive, for, any act of the purported custodian; (3) the validity or propriety under sections 45a-557 to 45a-560b, inclusive, of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or (4) the propriety of the application of any property of the minor delivered to the purported custodian.

Connecticut § 45a-559a (Exemption of third party from liability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.