{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-896.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-896.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-896.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-896.html"}],"law_id":67315,"edition_id":1,"section_id":67315,"structure_id":16246,"section_number":"6.2-896","catch_line":"Deposits of minors","history":"Code 1950, \u00a7 6-56; 1966, c. 584, \u00a7 6.1-74; 2009, c. 197; 2010, c. 794.","full_text":"A bank may establish a deposit account for a minor as the sole and absolute owner of such account. The bank may receive deposits by or for such minor, honor any withdrawal request of the minor, and act in any other manner with respect to such account on the minor’s order. Any payment or delivery of funds from such account to the minor, or the payment of a check or other written order for withdrawal of funds signed by such minor owner, shall be a valid and sufficient release and discharge of such bank for any payment or delivery so made. The parent or guardian of such minor shall not in his capacity as parent or guardian have the power to withdraw or transfer funds in any such account unless the minor has given written notice to the bank to accept the signature of such parent or guardian.","order_by":null,"text":{"0":{"id":243957,"text":"A bank may establish a deposit account for a minor as the sole and absolute owner of such account. The bank may receive deposits by or for such minor, honor any withdrawal request of the minor, and act in any other manner with respect to such account on the minor’s order. Any payment or delivery of funds from such account to the minor, or the payment of a check or other written order for withdrawal of funds signed by such minor owner, shall be a valid and sufficient release and discharge of such bank for any payment or delivery so made. The parent or guardian of such minor shall not in his capacity as parent or guardian have the power to withdraw or transfer funds in any such account unless the minor has given written notice to the bank to accept the signature of such parent or guardian.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16246,"edition_id":1,"name":"Deposit Accounts","identifier":"11","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 04:11:06","date_modified":"2026-06-26 04:11:06","permalink":{"id":265119,"object_type":"structure","relational_id":16246,"identifier":"11","token":"6.2\/II\/8\/11","url":"\/6.2\/II\/8\/11\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13791,"edition_id":1,"name":"Banks","identifier":"8","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:53","date_modified":"2026-06-26 03:45:53","permalink":{"id":265065,"object_type":"structure","relational_id":13791,"identifier":"8","token":"6.2\/II\/8","url":"\/6.2\/II\/8\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13000,"edition_id":1,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":263685,"object_type":"structure","relational_id":13000,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":71442,"structure_id":16246,"section_number":"6.2-893","catch_line":"Payment of balance of deceased person or person under disability","url":"\/6.2-893\/","token":"6.2\/II\/8\/11\/6.2-893","metadata":false},{"id":66863,"structure_id":16246,"section_number":"6.2-894","catch_line":"Deposits in and withdrawals from accounts of convicts","url":"\/6.2-894\/","token":"6.2\/II\/8\/11\/6.2-894","metadata":false},{"id":65589,"structure_id":16246,"section_number":"6.2-895","catch_line":"Repealed","url":"\/6.2-895\/","token":"6.2\/II\/8\/11\/6.2-895","metadata":false},{"id":67315,"structure_id":16246,"section_number":"6.2-896","catch_line":"Deposits of minors","url":"\/6.2-896\/","token":"6.2\/II\/8\/11\/6.2-896","metadata":false},{"id":68608,"structure_id":16246,"section_number":"6.2-897","catch_line":"Bank need not inquire as to fiduciary funds deposited in fiduciary's personal account","url":"\/6.2-897\/","token":"6.2\/II\/8\/11\/6.2-897","metadata":false}],"previous_section":{"id":65589,"structure_id":16246,"section_number":"6.2-895","catch_line":"Repealed","url":"\/6.2-895\/","token":"6.2\/II\/8\/11\/6.2-895","metadata":false},"next_section":{"id":68608,"structure_id":16246,"section_number":"6.2-897","catch_line":"Bank need not inquire as to fiduciary funds deposited in fiduciary's personal account","url":"\/6.2-897\/","token":"6.2\/II\/8\/11\/6.2-897","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-896\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1966, chapter 584; in 2009, chapter 197<\/a>; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":265133,"object_type":"law","relational_id":67315,"identifier":"6.2-896","token":"6.2\/II\/8\/11\/6.2-896","url":"\/6.2-896\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-896\/","token":"6.2\/II\/8\/11\/6.2-896","dublin_core":{"Title":"Deposits of minors","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-896","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A bank<\/span> may establish a deposit account for a minor<\/span> as the sole and absolute owner of such account. The bank<\/span> may receive deposits by or for such minor<\/span>, honor any withdrawal request of the minor<\/span>, and act in any other manner with respect to such account on the minor<\/span>’s order<\/span>. Any payment or delivery of funds from such account to the minor<\/span>, or the payment of a check or other written order<\/span> for withdrawal of funds signed by such minor<\/span> owner, shall be a valid and sufficient release and discharge of such bank<\/span> for any payment or delivery so made. The parent or guardian of such minor<\/span> shall not in his capacity as parent or guardian have the power to withdraw or transfer funds in any such account unless the minor<\/span> has given written notice to the bank<\/span> to accept the signature of such parent or guardian.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEPOSITS OF MINORS (\u00a7 6.2-896)\n\nA bank may establish a deposit account for a minor as the sole and absolute\nowner of such account. The bank may receive deposits by or for such minor, honor\nany withdrawal request of the minor, and act in any other manner with respect to\nsuch account on the minor’s order. Any payment or delivery of funds from\nsuch account to the minor, or the payment of a check or other written order for\nwithdrawal of funds signed by such minor owner, shall be a valid and sufficient\nrelease and discharge of such bank for any payment or delivery so made. The\nparent or guardian of such minor shall not in his capacity as parent or guardian\nhave the power to withdraw or transfer funds in any such account unless the\nminor has given written notice to the bank to accept the signature of such\nparent or guardian.\n\nHISTORY: Code 1950, \u00a7 6-56; 1966, c. 584, \u00a7 6.1-74; 2009, c. 197; 2010, c.\n794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}