N.Y. EPT Law § 7-3.3
This is the official text of N.Y. EPT Law § 7-3.3, part of New York’s EPT Law — part of the compiled statutory law of New York, published by the state as "EPT Law." Browse the sections below, each linked to its official government source.
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Person paying money to the trustee protected
Official statutory text
§ 7-3.3 Person paying money to the trustee protected\n A person who in good faith transfers money or property to a trustee is\nnot responsible for the proper application of such money or property;\nand any right or title derived by him from the trustee in consideration\nof such transfer is not affected by the trustee's misapplication of such\nmoney or property.\n
Status: in_force · Read it on the official government site
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