17:9A-215 - Minors' deposit accounts - New Jersey Statutes

17:9A-215.  Minors' deposit accounts    Deposits may be made with a banking institution by or in the name of a minor.  A minor may endorse and deposit to the credit of his account with a banking institution checks and other instruments for the payment of money which  are payable to him or to his order.  Moneys to the credit of such an account  shall be subject to withdrawal by the minor by checks or other instruments for  the payment of money.  In all transactions with respect to such an account a  minor shall, as between himself and the banking institution, be deemed to be of  legal age.

     L.1948, c. 67, p. 350, s. 215.