17:9A-221 - Authority of depositor's agent to indorse and deposit instruments after death or incompetency of the depositor - New Jersey Statutes

17:9A-221.  Authority of depositor's agent to indorse and deposit instruments after death or incompetency of the depositor
    The death or incompetency of a depositor who has in writing appointed an agent to indorse instruments for the payment of money and to deposit such instruments to the credit of the depositor's account with a banking institution  shall not terminate the authority of the agent to make such indorsements and  deposits and such authority shall continue until the banking institution shall  receive, at the office in which the account is maintained, actual notice of  such death or incompetency.

     L.1948, c. 67, p. 353, s. 221.