Pennsylvania § 304 - Application of payments made to fiduciaries.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 304 — Application of payments made to fiduciaries., with citation guidance and answers to common questions.
§ 304. Application of payments made to fiduciaries.
A person who, in good faith, pays or transfers to a fiduciary any money or other property, which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary, and any right or title acquired from the fiduciary in consideration of the payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
(Oct. 12, 1984, P.L.929, No.182, eff. imd.)
1984 Amendment. Act 182 added section 304.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 304
What does Pennsylvania Consolidated Statutes § 304 cover?
Section 304 ("Application of payments made to fiduciaries.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 304?
A common citation format is "Pennsylvania Consolidated Statutes § 304" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 304 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.