§ 7-3.3 Person paying money to the trustee protected\n A person who in good faith transfers money or property to a trustee is\nnot responsible for the proper application of such money or property;\nand any right or title derived by him from the trustee in consideration\nof such transfer is not affected by the trustee's misapplication of such\nmoney or property.\n
Person paying money to the trustee protected
N.Y. Estates, Powers & Trusts Law § 7-3.3, under Rights of Purchasers, Creditors and Other Persons.
N.Y. Estates, Powers & Trusts Law § 7-3.3