(a) The holder of the property or a person who in good faith delivers the property or information requested in reliance on information a charitable organization provides under § 48-101-403 and who does not have knowledge that the representations contained in the affidavit are incorrect, is not liable to any person for delivering the property or information, and may assume without inquiry the existence of the facts contained in the affidavit. This subsection (a) does not create a presumption that a holder of property who in good faith delivers property or information to a charitable organization named as a beneficiary based on less than the full documentation listed above has been negligent.
(b) An entity or individual who receives a request for property or information from a charitable organization in accordance with § 48-101-403 shall verify the charitable organization's authority within sixty (60) days from the date of delivery of the affidavit.
(c) A right or title acquired from the charitable organization in consideration of the provision of property or information under this section is not invalid in consequence of misapplication by the charitable organization. A transaction or lien created by a transaction entered into by the charitable organization and a person acting in reliance on the affidavit provided by the charitable organization is enforceable against the property that the charitable organization has requested.