Maine Statutes
§ 33 §1667 — Exemption of 3rd person from liability
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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Legislative History
PL 1987, c. 734, §2 (NEW).
Nearby Sections
15
§ 33 §160
-- mortgage or trust§ 33 §1601-101
Short title§ 33 §1601-102
Applicability§ 33 §1601-103
Definitions§ 33 §1601-104
Variation by agreement§ 33 §1601-105
Separate titles and taxation§ 33 §1601-106
Applicability of local laws and regulations§ 33 §1601-107
Eminent Domain§ 33 §1601-108
Supplemental general principles of law applicable§ 33 §1601-109
Construction against implicit repeal§ 33 §1601-110
Uniformity of application and construction§ 33 §1601-111
Severability§ 33 §1601-112
Unconscionable agreement or term of contract§ 33 §1601-113
Obligation of good faith§ 33 §1601-114
Remedies to be liberally administered