Utah § 75A-1-203 Payments or transfers made to a fiduciary.

Utah Statutes

§ 75A-1-203 — Payments or transfers made to a fiduciary.

Utah § 75A-1-203

Title 75AFiduciaries

Part 75A-1-2Payments and Deposits by Fiduciaries

This text of Utah § 75A-1-203 (Payments or transfers made to a fiduciary.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 75A-1-203 (2026).

Text

(1)A person who in good faith pays or transfers to a fiduciary any money or other property that the fiduciary is authorized to receive is not responsible for the proper application of the money or property by the fiduciary.

(2)A right or title acquired from the fiduciary in consideration of a payment or transfer described in Subsection (1) is not invalid as a consequence of a misapplication by the fiduciary.

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(1) A person who in good faith pays or transfers to a fiduciary any money or other property that the fiduciary is authorized to receive is not responsible for the proper application of the money or property by the fiduciary.
(2) A right or title acquired from the fiduciary in consideration of a payment or transfer described in Subsection (1) is not invalid as a consequence of a misapplication by the fiduciary.