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New Jersey Statutes, Title: 46, PROPERTY

    Chapter 2b:

      Section: 46:2b-16: Banking transaction by agent binds principal

           Any banking transaction made by an agent or banking institution under the authority of a power of attorney described in this act, unless otherwise invalid or unenforceable, binds the principal and his heirs, devisees, and personal representatives.

L.1991,c.95,s.7.



This section added to the Rutgers Database: 2012-09-26 13:37:54.






Older versions of 46:2b-16 (if available):



Court decisions that cite this statute: CLICK HERE.