N.J.S.A. 17:9A-215

Minors' deposit accounts

17:9A-215. Minors' deposit accounts Deposits may be made with a banking institution by or in the name of a minor. A minor may endorse and deposit to the credit of his account with a banking institution checks and other instruments for the payment of money which are payable to him or to his order. Moneys to the credit of such an account shall be subject to withdrawal by the minor by checks or other instruments for the payment of money. In all transactions with respect to such an account a minor shall, as between himself and the banking institution, be deemed to be of legal age. L.1948, c. 67, p. 350, s. 215.

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This is the verbatim text of N.J.S.A. 17:9A-215, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 17:9A-215 — Minors' deposit accounts | Kyzer