North Dakota Statutes

§ 6-03-64 — Payment of deposits made by fiduciaries, officers, minors, and associations

North Dakota·Title 6 Banks and Banking·Ch. 6-03 Powers, Management, and Operation of Banks
Deposits made by a person as executor, administrator, guardian, conservator, or in any other representative capacity or official position, with a bank, are payable to that person in such capacity, or if made to an account upon which a minor may order payments as an account owner, may be paid to the minor although the minor has no guardian or conservator or if the minor has a guardian or conservator, it is not necessary to obtain the consent of the guardian or conservator to such payment, but a payment order or receipt or acquittance authorized by the minor is valid and binding. Deposits made by a corporation, association, or society are payable to any person authorized by its board of directors or trustees to receive the same.

Free access — add to your briefcase to read the full text and ask questions with AI

North Dakota § 6-03-64 (Payment of deposits made by fiduciaries, officers, minors, and associations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗