Title 75 - Utah Uniform Probate Code - Chapter 5a - Uniform Transfers to Minors Act - Section 117 - Exemption of third person from liability.

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Utah Code

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75-5a-117 Exemption of third person from liability. A third 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: (1) the validity of the purported custodian's designation; (2) the propriety of, or the authority under this part for, any act of the purported custodian; (3) the validity or propriety under this part of any instrument or instructions executed or given either

by the person purporting to make transfer or by the purported custodian; or (4) the propriety of the application of any property of the minor delivered to the purported


Enacted by Chapter 272, 1990 General Session