A bank may accept deposits of and pay out deposits upon a check or other order of a minor and act in any other matter with respect to the deposits of a minor with the same effect as if dealing with a person of full legal capacity.
HISTORY: 1962 Code Section 8-171.1; 1952 (51) 1765; 1985 Act No. 128, Section 6.
Structure South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
Section 34-11-10. Payment of deposits made in name of two or more persons.
Section 34-11-20. Acceptance and disbursement of deposits of minors.
Section 34-11-30. Receipt of deposits or trusts after knowledge of insolvency.
Section 34-11-60. Drawing and uttering fraudulent check, draft, or other written order.
Section 34-11-80. Stopping payment on check, draft, or order with intent to defraud.
Section 34-11-90. Jurisdiction of offenses and penalties.
Section 34-11-120. Duty of person drawing postdated check to give notice.
Section 34-11-130. Payment of withdrawal value of account to beneficiary upon death of trustee.