Sec. 2

760 ILCS 65/2, under Fiduciary Obligations Act.

760 ILCS 65/2

(760 ILCS 65/2) (from Ch. 17, par. 2002)

    Sec. 2.

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.

(Source: P.A. 80-1495.)