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§ 609. Death or incompetence of donor of power of attorney

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 7 P.S. Banks and Banking (Refs & Annos)
Banking Code of 1965 (Refs & Annos)
Chapter 6. Rules Concerning Deposits, Safe-Deposit Agreements and Money Received for Transmission (Refs & Annos)
7 P.S. § 609
§ 609. Death or incompetence of donor of power of attorney
An institution which has on file a power of attorney of a customer covering a deposit account or a safe-deposit agreement which has not been revoked by the customer may continue to rely on the provisions of the power of attorney in the event of the death or incompetence of the donor of the power until it receives written notice of the death or written notice of adjudication by a court of the incompetence of the customer and appointment of a guardian.

Credits

1965, Nov. 30, P.L. 847, No. 356, § 609.
7 P.S. § 609, PA ST 7 P.S. § 609
Current through 2022 Regular Session Act 166. Some statute sections may be more current, see credits for details.
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