Alabama Statutes

§ 5-24-25 — Payment to Minor

Alabama·Title 5 Banks and Financial Institutions·Ch. 24 Uniform Multiple-Person Accounts Act·Art. 3 Protection of Financial Institutions
If a financial institution is required or permitted to make payment pursuant to this chapter to a minor designated as a beneficiary, payment may be made pursuant to the Uniform Transfers to Minors Act.

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Legislative History

(Acts 1997, No. 97-644, p. 1177, §1.)

Nearby Sections

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