A third person, in good faith and without court order may act on the instructions of or otherwise deal with any 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 chapter for any act of the purported custodian;
(3) The validity of propriety under this chapter of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or
(4) The propriety of the application of any property of the minor delivered to the purported custodian.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 45. DELAWARE UNIFORM TRANSFERS TO MINORS ACT
§ 4502. Scope and jurisdiction.
§ 4503. Nomination of custodian.
§ 4504. Transfer by gift or exercise of power of appointment.
§ 4505. Transfer authorized by will or trust.
§ 4506. Other transfer by fiduciary.
§ 4508. Receipt for custodial property.
§ 4511. Validity and effect of transfer.
§ 4512. Care of custodial property.
§ 4514. Use of custodial property.
§ 4515. Custodian's expenses, compensation and bond.
§ 4516. Exemption of third person from liability.
§ 4517. Liability to third persons.
§ 4519. Accounting by and determination of liability of custodian.
§ 4520. Termination of custodianship.