Maine § 33 §1667 Exemption of 3rd person from liability

Maine Statutes

§ 33 §1667 — Exemption of 3rd person from liability

Maine § 33 §1667

Title 33PROPERTY

Ch. 32MAINE UNIFORM TRANSFERS TO MINORS ACT

This text of Maine § 33 §1667 (Exemption of 3rd person from liability) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 33, § 33 §1667 (2026).

Text

A 3rd 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.Designation. The validity of the purported custodian's designation;

2.Authority to act. The propriety of, or the authority under this Act for, any act of the purported custodian;

3.Validity of instruments. The validity or propriety under this Act of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or

4.Application of property. The propriety of the application of any property of the minor delivered to the purported custodian.

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A 3rd 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.
Designation.
The validity of the purported custodian's designation;
2.
Authority to act.
The propriety of, or the authority under this Act for, any act of the purported custodian;
3.
Validity of instruments.
The validity or propriety under this Act of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or
4.
Application of property.
The propriety of the application of any property of the minor delivered to the purported custodian.