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Form a Business

Payment to Minor.

Ala. Code § 5-24-25
in effect
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5-24-25. Payment to Minor. If a financial institution is required or permitted to make payment pursuant to this chapter to a minor designated as a beneficiary, payment may be made pursuant to the Uniform Transfers to Minors Act. (Acts 1997, No. 97-644, p. 1177, §1.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#5-24-25Fetched: 10/20/2026

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