☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 362

Effective - 28 Aug 1967 bottom

  362.465.  Deposits of minors. — When any deposit is made by or in the name of any minor, it shall be held for the exclusive right and benefit of the minor, and free from the control or lien of all other persons, except creditors, and shall be paid, together with any interest thereon, to or upon the order of the person in whose name the deposit is made, and the check, receipt or acquittance of the minor shall be a valid and sufficient release and discharge for the deposit or any part thereof to the bank or trust company.

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(RSMo 1939 § 7996, A.L. 1967 p. 445)

Prior revisions: 1929 § 5400; 1919 § 11779


---- end of effective   28 Aug 1967 ----

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