One who actually and in good faith transfers any money or other property to a trustee, as such, is not bound to see to the application thereof, and his rights can in no way be prejudiced by a misapplication thereof by the trustee. Other persons must, at their peril, see to the proper application of money or other property paid or delivered by them. SOURCE: CC § 2244. NOTE: No 1970 Civil Code §§ 2245-2249 existed.
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COL 2026-04-23