Section 390:12-a Accounts of Minors. - New-hampshire Statutes

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Statutes > New-hampshire > TITLEXXXV > CHAPTER390 > 390-12-a

Any trust company or similar corporation incorporated under the laws of this state or any national bank located within this state, may accept deposits from minors and may pay to minors or to their order the deposits to their credit as if they were of age, and in connection therewith the minor and the bank shall be subject to all the obligations, equities and defenses to which an adult would be subject in similar transactions, and their receipts or checks paid pursuant to their order shall be sufficient discharges for the same.

Source. 1959, 148:1, eff. Aug. 14, 1959.

State Codes and Statutes

Statutes > New-hampshire > TITLEXXXV > CHAPTER390 > 390-12-a

Any trust company or similar corporation incorporated under the laws of this state or any national bank located within this state, may accept deposits from minors and may pay to minors or to their order the deposits to their credit as if they were of age, and in connection therewith the minor and the bank shall be subject to all the obligations, equities and defenses to which an adult would be subject in similar transactions, and their receipts or checks paid pursuant to their order shall be sufficient discharges for the same.

Source. 1959, 148:1, eff. Aug. 14, 1959.

State Codes and Statutes

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State Codes and Statutes

Statutes > New-hampshire > TITLEXXXV > CHAPTER390 > 390-12-a

Any trust company or similar corporation incorporated under the laws of this state or any national bank located within this state, may accept deposits from minors and may pay to minors or to their order the deposits to their credit as if they were of age, and in connection therewith the minor and the bank shall be subject to all the obligations, equities and defenses to which an adult would be subject in similar transactions, and their receipts or checks paid pursuant to their order shall be sufficient discharges for the same.

Source. 1959, 148:1, eff. Aug. 14, 1959.