sec.71Transfer or distribution of property by trustee

sec.71 Transfer or distribution of property by trustee

Subject to this section, a trustee may transfer or distribute property to a person who appears entitled to it without finding out whether the person’s entitlement is affected by a cultural recognition order. A trustee who transfers or distributes property under subsection (1) is not liable to a person claiming directly or indirectly because of an order unless the trustee has written or other notice of the claim before the transfer or distribution. This section does not affect a person’s right to follow property into the hands of a person, other than a purchaser for value, who has received it. In this section— trustee includes a personal representative of the testator. (sec.71-ssec.1) Subject to this section, a trustee may transfer or distribute property to a person who appears entitled to it without finding out whether the person’s entitlement is affected by a cultural recognition order. (sec.71-ssec.2) A trustee who transfers or distributes property under subsection (1) is not liable to a person claiming directly or indirectly because of an order unless the trustee has written or other notice of the claim before the transfer or distribution. (sec.71-ssec.3) This section does not affect a person’s right to follow property into the hands of a person, other than a purchaser for value, who has received it. (sec.71-ssec.4) In this section— trustee includes a personal representative of the testator.