Revised Code of Washington - RCW Title 30 Banks And Trust Companies - Section 30.22.150 Payment to minors and incompetents

§ 30.22.150. Payment to minors and incompetents

Financial institutions may make payments of funds on deposit in an account established by a depositor who is a minor or incompetent without regard to whether it has actual knowledge of the minority or incompetency of the depositor unless the branch of the financial institution at which the account is maintained has received written notice to withhold payment to the minor or incompetent by the guardian of his estate and had a reasonable opportunity to act upon the notice.

[1981 c 192 § 15.]

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Last modified: April 7, 2009