District of Columbia Statutes

§ 21-1702 — Application of payment made to fiduciaries.

District of Columbia § 21-1702
JurisdictionDistrict of Columbia
Title 21Fiduciary Relations and Persons with Mental Illness. [Enacted title]
Ch. 17General Fiduciary Relations.
Subch. IUniform Fiduciaries Act.

This text of District of Columbia § 21-1702 (Application of payment made to fiduciaries.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 21-1702 (2026).

Text

A person who in good faith pays or transfers to a fiduciary 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 the payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

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Related

Ramzi Atti Boutros v. Riggs National Bank, D.C.
655 F.2d 1257 (D.C. Circuit, 1981)
22 case citations

Legislative History

Sept. 14, 1965, 79 Stat. 776, Pub. L. 89-183, § 1

Nearby Sections

15
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Bluebook (online)
District of Columbia § 21-1702, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/21-1702.