Va. Code § 6.2-1176

Current with changes from the 2024 legislative session through ch. 845
Section 6.2-1176 - Accounts of fiduciaries

A savings institution may issue accounts in the name of any administrator, executor, custodian, conservator, guardian, trustee, or other fiduciary for a named beneficiary or beneficiaries. The payment of funds from any such account pursuant to a check or other written order of withdrawal signed by the fiduciary, the delivery of funds in such account to such fiduciary, or a receipt signed by any such fiduciary with regard to the payment of funds from such account, shall be a valid and sufficient release and discharge of the institution for the payment or delivery so made.

Va. Code § 6.2-1176

1985, c. 425, § 6.1-194.59; 2010, c. 794.
Amended by Acts 2010, § c. 794.
Amended by Acts 1985, § c. 425, § 6.1-194.59.