6-432. Effect of payment to minor or
fiduciary


A. Unless the written agreement provides otherwise, or unless the association has
had written notice of the terms under which a fiduciary holds an account, the association
may pay the value thereof and dividends thereon:


1. To any minor who is the holder of such account.


2. To such fiduciary who is the holder of such account without becoming liable to
any beneficiary for such payment.


B. In each of the foregoing instances the receipt or acquittance of the person or
persons to whom payment is made in accordance with the provisions of this section shall
be a complete discharge of the association's obligation as to the amount so paid.