§ 13-504. Release of financial institution

MD Est & Trusts Code § 13-504 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The receipt or acquittance of any minor who is the sole owner of or is a party to any account with the right to withdraw funds in a financial institution, as defined in § 13-301(h) of this title is a valid and sufficient release and discharge of the institution for any payment to the minor on any such account.