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The Florida Senate

2006 Florida Statutes

SECTION 118
Exemption of third person from liability.
Section 710.118, Florida Statutes 2006

710.118  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 act for, any act of the purported custodian;

(3)  The validity or propriety under this act of any 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 any property of the minor delivered to the purported custodian.

History.--s. 1, ch. 85-95.