Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 5-24-24 - Payment to Designated Agent — Alabama Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alabama/
  4. Title 5 - Banks and Financial Institutions/
  5. Chapter 24 - Uniform Multiple-person Accounts Act/
  6. Article 3 - Protection of Financial Institutions/
  7. Section 5-24-24 - Payment to Designated Agent
Alabama Legal Code

Section 5-24-24 - Payment to Designated Agent

Ask AI about this
A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incompetent, incapacitated, or deceased when the request is made or received, and whether or not the authority of the agent terminates on the death, disability, incompetency, or incapacity of a party.

Source: https://alison.legislature.state.al.us/code-of-alabama?section=5-24-24· Version 2026