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33 §1667. Exemption of 3rd person from liability

33 ME Rev Stat § 1667 (2019) (N/A)
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§1667. Exemption of 3rd person from liability

A 3rd 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:   [PL 1987, c. 734, §2 (NEW).]

1.  Designation.  The validity of the purported custodian's designation;

[PL 1987, c. 734, §2 (NEW).]

2.  Authority to act.  The propriety of, or the authority under this Act for, any act of the purported custodian;

[PL 1987, c. 734, §2 (NEW).]

3.  Validity of instruments.  The validity or propriety under this Act of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or

[PL 1987, c. 734, §2 (NEW).]

4.  Application of property.  The propriety of the application of any property of the minor delivered to the purported custodian.

[PL 1987, c. 734, §2 (NEW).]

SECTION HISTORY

PL 1987, c. 734, §2 (NEW).

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