Payments or transfers made to a fiduciary.
Utah Code § 75A-1-203
in effect75A-1-203. Payments or transfers made to a fiduciary.
(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.
Renumbered and Amended by Chapter 364, 2024 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title75A/Chapter1/75A-1-S203.html?v=C75A-1-S203_2024090120240501Fetched: 10/26/2026
