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Code · New Jersey · Title 46 — Water Rights · Chapter 2B

46:2B-16. Banking transaction by agent binds principal

38 words·~1 min read·/nj/title-46/chapter-2b/46-2b-16

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
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