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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS. |
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Chapter 13.46. ALASKA UNIFORM TRANSFERS TO MINORS ACT. |
Section 13.46.150. Exemption of third person from liability.
Latest version.
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A third person in good faith and without court order may act on the instructions of or otherwise deal with a 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 chapter for, an act of the purported custodian;
(3) the validity or propriety under this chapter of an instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or
(4) the propriety of the application of property of the minor delivered to the purported custodian.
Authorities
13.46.085