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§ 1042 — 1042 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

1042

U.S. Virgin Islands § 1042 — U.S. Virgin Islands law

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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.