15-3-714. PERSONS DEALING WITH PERSONAL REPRESENTATIVE — PROTECTION. A person who in good faith either assists a personal representative or deals with him for value is protected as if the personal representative properly exercised his power. The fact that a person knowingly deals with a personal representative does not alone require the person to inquire into the existence of a power or the propriety of its exercise. Except for restrictions on powers of supervised personal representatives which are endorsed on letters as provided in section 15-3-504 of this code, and without regard to the constructive notice provisions of section 15-1-305A of this code, no provision in any will or order of court purporting to limit the power of a personal representative is effective except as to persons with actual knowledge thereof. A person is not bound to see to the proper application of estate assets paid or delivered to a personal representative. The protection here expressed extends to instances in which some procedural irregularity or jurisdictional defect occurred in proceedings leading to the issuance of letters, including a case in which the alleged decedent is found to be alive. The protection here expressed is not by substitution for that provided by comparable provisions of the laws relating to commercial transactions and laws simplifying transfers of securities by fiduciaries.
History:
[I.C., sec. 15-3-714, as added by 1971, ch. 111, sec. 1, p. 233.]
Structure Idaho Code
Title 15 - UNIFORM PROBATE CODE
Chapter 3 - PROBATE OF WILLS AND ADMINISTRATION
Part 7 - DUTIES AND POWERS OF PERSONAL REPRESENTATIVES
Section 15-3-701 - TIME OF ACCRUAL OF DUTIES AND POWERS.
Section 15-3-702 - PRIORITY AMONG DIFFERENT LETTERS.
Section 15-3-704 - PERSONAL REPRESENTATIVE TO PROCEED WITHOUT COURT ORDER — EXCEPTION.
Section 15-3-705 - DUTY OF PERSONAL REPRESENTATIVE — INFORMATION TO HEIRS AND DEVISEES.
Section 15-3-706 - DUTY OF PERSONAL REPRESENTATIVE — INVENTORY AND APPRAISEMENT.
Section 15-3-707 - EMPLOYMENT OF APPRAISERS.
Section 15-3-708 - DUTY OF PERSONAL REPRESENTATIVE — SUPPLEMENTARY INVENTORY.
Section 15-3-709 - DUTY OF PERSONAL REPRESENTATIVE — POSSESSION OF ESTATE.
Section 15-3-710 - POWER TO AVOID TRANSFERS.
Section 15-3-711 - POWERS OF PERSONAL REPRESENTATIVES — IN GENERAL.
Section 15-3-712 - IMPROPER EXERCISE OF POWER — BREACH OF FIDUCIARY DUTY.
Section 15-3-714 - PERSONS DEALING WITH PERSONAL REPRESENTATIVE — PROTECTION.
Section 15-3-715 - TRANSACTIONS AUTHORIZED FOR PERSONAL REPRESENTATIVES — EXCEPTIONS.
Section 15-3-716 - POWERS AND DUTIES OF SUCCESSOR PERSONAL REPRESENTATIVE.
Section 15-3-717 - COREPRESENTATIVES — WHEN JOINT ACTION REQUIRED.
Section 15-3-718 - POWERS OF SURVIVING PERSONAL REPRESENTATIVE.
Section 15-3-719 - COMPENSATION OF PERSONAL REPRESENTATIVE.