If a financial institution is required or permitted to make payment pursuant to this chapter to a minor designated as a beneficiary, payment may be made pursuant to the Uniform Transfers to Minors Act.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 24 - Uniform Multiple-Person Accounts Act.
Article 3 - Protection of Financial Institutions.
Section 5-24-21 - Authority of Financial Institution.
Section 5-24-22 - Payment on Multiple-Party Account.
Section 5-24-23 - Payment on Pod Designation.
Section 5-24-24 - Payment to Designated Agent.