Tennessee § 35-2-103 Application of payments made to fiduciaries - Validity of right or title acquired

Tennessee Statutes

§ 35-2-103 — Application of payments made to fiduciaries - Validity of right or title acquired

Tennessee § 35-2-103

Title35

This text of Tennessee § 35-2-103 (Application of payments made to fiduciaries - Validity of right or title acquired) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 35-2-103 (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 or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

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