2-3-203. Responsibility and rights of persons dealing with 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 the payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
Structure Wyoming Statutes
Title 2 - Wills, Decedents' Estates and Probate Code
Article 2 - Uniform Provisions
Section 2-3-201 - Short Title.
Section 2-3-202 - Definitions.
Section 2-3-203 - Responsibility and Rights of Persons Dealing With Fiduciaries.
Section 2-3-204 - Liability of Bank; Payment of Checks Signed by Fiduciary.
Section 2-3-205 - Liability of Bank; When Check Drawn on Principal by Fiduciary.
Section 2-3-206 - Liability of Bank; Receiving Deposit From Fiduciary.
Section 2-3-207 - Liability of Bank; When Check Drawn by Trustee.
Section 2-3-208 - Succession of Fiduciary Powers When Bank Consolidates With Another.
Section 2-3-209 - Applicability; Generally.