GroundRules
Ala. Code § 5-24-24: Payment to Designated Agent.
Where this section sits in the code
- Title 5 Banks and Financial Institutions.
- Chapter 24 Uniform Multiple-Person Accounts Act.
- Article 3 Protection of Financial Institutions.
A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incompetent, incapacitated, or deceased when the request is made or received, and whether or not the authority of the agent terminates on the death, disability, incompetency, or incapacity of a party.
Collected 2026-09-03T14:01:52Z. Source file · JSON