Exemption of third person from liability
N.D. Cent. Code § 47-24.1-16
in effect47-24.1-16. Exemption of third person from liability
A third 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. The validity of the purported custodian's designation;
2. The propriety of, or the authority under this chapter for, any act of the purported
custodian;
3. The validity or propriety under this chapter of any instrument or instructions executed
or given either by the person purporting to make a transfer or by the purported
custodian; or
4. The propriety of the application of any property of the minor delivered to the purported
custodian.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c24-1.pdf#nameddest=47-24p1-16Fetched: 10/16/2026