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La. Rev. Stat. § 9:3802

Payment or transfer to fiduciary; responsibility for proper application

Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective

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La. Rev. Stat. § 9:3802, Payment or transfer to fiduciary; responsibility for proper application, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2647447
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A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary; and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.