{"data":{"id":"us-ga/o.c.g.a.-7-1-351","jurisdiction":"us-ga","citation":"O.C.G.A. § 7-1-351","heading":"Minors’ deposits and safe-deposit agreements.","body":"(a) A bank may receive deposits from:\n(1) A minor who is at least 16 years of age; or\n(2) One or more minors jointly with one or more adults, as party to and with the same effect as a multiple-party account under Article 8 of this chapter.\n(b) A bank may use electronic means, including, but not limited to, wire and mobile application software, to provide access to and facilitate the movement of money in such deposit account.\n(c) A bank or trust company may rent a safe-deposit box or other receptacle for safe deposit of property to, and receive property for safe deposit from:\n(1) A minor who is at least 16 years of age; or\n(2) One or more minors jointly with one or more adults.\n(d) A bank or trust company may deal with a minor who is at least 16 years of age with respect to a deposit account or safe-deposit agreement covered by paragraph (1) of subsection (a) or paragraph (1) of subsection (c) of this Code section without the consent of a parent or guardian and with the same effect as though the minor were an adult. A parent or guardian shall not have any right in that capacity to interfere with any such transaction. Any action of the minor with respect to such deposit account or safe-deposit agreement shall be binding on the minor with the same effect as though the minor were an adult.\n(e) Nothing in this Code section shall be deemed to require a bank or trust company to provide deposit accounts or safe-deposit agreements authorized by this Code section.","path":["TITLE 7 Banking And Finance","CHAPTER 1 Financial Institutions","Article 2 Banks and Trust Companies","PART 6 Deposits, Safe-Deposit Agreements, and Money Received for Transmission"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.07.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"8df86a8b4757c14e3da0fdb2175024ce25e21863d72e9d22763b51cbd84846bf","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-7-1-350","next":"us-ga/o.c.g.a.-7-1-352"},"notice":"GroundRules: Original legal text. Not legal advice."}
