Indiana § 29-3-11-1 Protection for persons dealing in good faith with guardian or person
acting under protective order; scope of protection

Indiana Statutes

§ 29-3-11-1 — Protection for persons dealing in good faith with guardian or person acting under protective order; scope of protection

Indiana·Art. 3 GUARDIANSHIPS AND PROTECTIVE·Ch. 11 Liability of Guardians and Persons Acting Under

(a)A person who in good faith deals with a guardian or person acting under a protective order is:

(1)protected as if the guardian or person acting under a protective order properly exercised the power; and

(2)not required to inquire into the existence of the power or the propriety of its exercise except as to restrictions endorsed on the letters.

(b)A person who deals with a guardian or person acting under a protective order in good faith is not bound to see to the proper application of amounts paid or property delivered to the guardian or person.

(c)The protection expressed in this section:

(1)extends to any procedural irregularity or jurisdictional defect occurring in proceedings under this article; and

(2)is not a substitution for but is in addition to any other applicable law, i

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(a) A person who in good faith deals with a
guardian or person acting under a protective order is:
(1) protected as if the guardian or person acting under a protective
order properly exercised the power; and
(2) not required to inquire into the existence of the power or the
propriety of its exercise except as to restrictions endorsed on the
letters.
(b) A person who deals with a guardian or person acting under a
protective order in good faith is not bound to see to the proper
application of amounts paid or property delivered to the guardian or
person.
(c) The protection expressed in this section:
(1) extends to any procedural irregularity or jurisdictional defect
occurring in proceedings under this article; and
(2) is not a substitution for but is in addition to any other
applicable law, including the laws relating to commercial
transactions and to simplifying transfers of securities by
fiduciaries.

Indiana § 29-3-11-1 (Protection for persons dealing in good faith with guardian or person acting under protective order; scope of protection) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.