{"jurisdiction": "us-ny", "code": "eptl", "section": "7-3.3", "citation": "EPTL § 7-3.3", "heading": "Person paying money to the trustee protected", "text": ["§ 7-3.3 Person paying money to the trustee protected", "A person who in good faith transfers money or property to a trustee is not responsible for the proper application of such money or property; and any right or title derived by him from the trustee in consideration of such transfer is not affected by the trustee's misapplication of such money or property."], "official_source": "https://www.nysenate.gov/legislation/laws/EPT/7-3.3", "from_official_api": true, "plain_english": "A person who in good faith transfers money or property to a trustee **need not ensure the trustee uses it properly**. ★ Rights or title received in exchange are not harmed by the trustee’s later misapplication.", "in_force_on": "2026-05-31", "retrieved": "2026-09-27", "url": "https://elyphived.com/us-ny/eptl/7-3.3", "publisher": "Elyphived LLC"}