Trustee non-liability for payment without notice protects trustees who pay to apparent beneficiaries when vesting is unknown. When a beneficiary's interest vests in another, a trustee who, without notice of the vesting, pays or delivers trust-property to the person who would have been entitled in the absence of such vesting is not liable for the property so paid or delivered.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Trustee non-liability for payment without notice protects trustees who pay to apparent beneficiaries when vesting is unknown.
When a beneficiary's interest vests in another, a trustee who, without notice of the vesting, pays or delivers trust-property to the person who would have been entitled in the absence of such vesting is not liable for the property so paid or delivered.
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