N.D. Cent. Code § 6-03-64
This is the official text of N.D. Cent. Code § 6-03-64, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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6-03-64. Payment of deposits made by fiduciaries, officers, minors, and associations
Official statutory text
6-03-64. Payment of deposits made by fiduciaries, officers, minors, and associations
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.
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.
Status: in_force · Read it on the official government site
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