14-7666. Exemption of third person from liability
A third person in good faith and without court order may act on the instructions of or otherwise deal with a person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:
1. The validity of the purported custodian's designation.
2. The propriety of, or the authority under this article for, any act of the purported custodian.
3. The validity or propriety pursuant to this article of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian.
4. The propriety of the application of any property of the minor delivered to the purported custodian.
Section: Previous 14-7659 14-7660 14-7661 14-7662 14-7663 14-7664 14-7665 14-7666 14-7667 14-7668 14-7669 14-7670 14-7671 14-8101 14-9101 NextLast modified: October 13, 2016