Md. Code, Est. & Trusts § 15-202

Current with changes from the 2021 Legislative Session through Ch. 254, effective on or before 6/1/2021
Section 15-202 - Application of payments made to fiduciaries
(a) A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary is authorized to receive, is not responsible for the proper application of the money or property by the fiduciary.
(b) A right or title to money or other property acquired from a fiduciary in consideration of payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

Md. Code, ET § 15-202

Amended by 2019 Md. Laws, Ch. 197,Sec. 1, eff. 10/1/2019.