Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
520.02 APPLICATION OF PAYMENTS MADE TO 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 such
payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
History: 1945 c 202 s 2
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.
History: 1945 c 202 s 2
Official Publication of the State of Minnesota
Revisor of Statutes