New Jersey Statutes

§ 46:2B-16 — Banking transaction by agent binds principal

New Jersey·Title 46 PROPERTY
Any banking transaction made by an agent or banking institution under the authority of a power of attorney described in this act, unless otherwise invalid or unenforceable, binds the principal and his heirs, devisees, and personal representatives. L.1991,c.95,s.7.

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