Idaho Code § 68-117
This is the official text of Idaho Code § 68-117, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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68-117 RELIANCE ON FACTS CONTAINED IN CERTIFICATION — ENFORCEABILITY.
Official statutory text
68-117. Reliance on facts contained in certification — Enforceability. (1) A person who acts in reliance upon a certification of trust without knowledge that the representations contained therein are incorrect is not liable to any person for so acting. A person who does not know that the facts contained in the certification are incorrect may assume without inquiry the existence of the facts contained in the certification. Knowledge may not be inferred solely from the fact that a copy of all or part of a trust instrument is held by the person relying upon the certification.
(2) A transaction, and any lien created thereby, entered into by a trustee and a person acting in reliance upon a certification of trust is fully enforceable against the assets of the trust unless the person knows that the trustee is acting outside the scope of the trust.
History:
[68-117, added 1998, ch. 302, sec. 4, p. 997.]
(2) A transaction, and any lien created thereby, entered into by a trustee and a person acting in reliance upon a certification of trust is fully enforceable against the assets of the trust unless the person knows that the trustee is acting outside the scope of the trust.
History:
[68-117, added 1998, ch. 302, sec. 4, p. 997.]
Status: in_force · Read it on the official government site
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