Section 2-3-203 - Responsibility and Rights of Persons Dealing With Fiduciaries

2-3-203. Responsibility and rights of persons dealing with fiduciaries. 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 the payment or transfer is not invalid in consequence of a misapplication by the fiduciary.