2013 Maryland Code
ESTATES AND TRUSTS
§ 13-504 - Release of financial institution


MD Est & Trusts Code § 13-504 (2013) What's This?

§13-504.

The receipt or acquittance of any minor who is the sole owner of or is a party to any account with the right to withdraw funds in a financial institution, as defined in § 13-301(h) of this title is a valid and sufficient release and discharge of the institution for any payment to the minor on any such account.

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