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New Jersey Statutes - Title 46 Property - 46:2B-16 Banking transaction by agent binds principal

Legal Research Home > New Jersey Laws > Property > New Jersey Statutes - Title 46 Property - 46:2B-16 Banking transaction by agent binds principal

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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Last modified: February 14, 2012