Plain Text Law

§ 13–504

Statutes in effect as of October 1, 2026.

Md. Code Ann., Est. & Trusts § 13-504 (2026)
Title 13. Protection of Minors, Disabled Persons, Susceptible Adults, and Older Adults
Subtitle 5

§ 13–504Copy 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.