New York Statutes

§ 7-3.3 — Person paying money to the trustee protected

New York § 7-3.3
JurisdictionNew York
Law EPTEstates, Powers & Trusts
Part 3Rights of Purchasers, Creditors and Other Persons
Art. 7Trusts

This text of New York § 7-3.3 (Person paying money to the trustee protected) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Estates, Powers & Trusts § 7-3.3 (2026).

Text

§ 7-3.3 Person paying money to the trustee protected\n A person who in good faith transfers money or property to a trustee is\nnot responsible for the proper application of such money or property;\nand any right or title derived by him from the trustee in consideration\nof such transfer is not affected by the trustee's misapplication of such\nmoney or property.\n

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Related

Magid v. Sunrise Holdings Group, LLC
2018 NY Slip Op 2775 (Appellate Division of the Supreme Court of New York, 2018)

Nearby Sections

15
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Bluebook (online)
New York § 7-3.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/EPT/7-3.3.