Title 75 Utah Uniform Probate Code Chapter 5a Uniform Transfers to Minors Act Section 117 Exemption of third person from liability.
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 custodian.
Enacted by Chapter 272, 1990 General Session
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