§556-2 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. [L 1945, c 197, §2; RL 1955, §189-2; HRS §556-2]
Structure Hawaii Revised Statutes
Title 30. Guardians and Trustees
556-2 Application of payments made to fiduciaries.
556-3 Transfer of negotiable instrument by fiduciary.
556-4 Check drawn by fiduciary payable to third person.
556-5 Check drawn by and payable to fiduciary.
556-6 Deposit in name of fiduciary as such.
556-7 Deposit in name of principal.
556-8 Deposit in fiduciary's personal account.