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Section 13-501 – Payment or Delivery of Money or Chattels

    (a)    (1)    Any person, including but not limited to a personal representative or trustee, who is under a duty to pay or deliver money or tangible personal property to a minor may perform the duty by paying or delivering the money or chattel to the guardian of the minor.         (2)    If there is no guardian, or if the […]

Section 13-503 – Powers Exercisable Directly by Minors

    (a)    (1)    A minor who holds title to property as a tenant by the entirety with a spouse who has reached the age of majority is authorized to join with the spouse in any deed as defined in § 1–101 of the Real Property Article, note, or financing statement in the same manner and effect as an […]

Section 13-504 – Release of Financial Institution

    The receipt or acquittance of any minor who is the sole owner of or is a party to any account with the right to withdraw funds in a financial institution, as defined in § 13-301(h) of this title is a valid and sufficient release and discharge of the institution for any payment to the minor […]