Indiana Statutes
§ 30-2-4-2 — Application of payments made to fiduciaries
Indiana § 30-2-4-2
This text of Indiana § 30-2-4-2 (Application of payments made to fiduciaries) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 30-2-4-2 (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 to title acquired from the
fiduciary in consideration of such payment or transfer is not invalid in
consequence of a misapplication by the fiduciary.
Formerly: Acts 1927, c.17, s.2.
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Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-2-4-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-2-4-2.