710.118 Exemption of third person from liability. - Florida Statutes

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.