Code of Alabama - Title 5: Banks and Financial Institutions - Section 5-24-25 - Payment to minor

Section 5-24-25 - Payment to minor.

If a financial institution is required or permitted to make payment pursuant to this chapter to a minor designated as a beneficiary, payment may be made pursuant to the Uniform Transfers to Minors Act.

(Acts 1997, No. 97-644, p. 1177, §1.)

Last modified: May 3, 2021