2016 New Jersey Revised Statutes
Title 46 - Property
Section 46:2B-16 - Banking Transaction By Agent Binds Principal

NJ Rev Stat § 46:2B-16 (2016) What's This?

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