savings bank or institution for savings making such payment from its obligation, if any, to such other person or to his legal representatives for or on account of such deposit. For the purposes of this act the term "bank" shall include any person or association of persons carrying on the business of banking, whether incorporated or not. (L. 1911, Chap. 228.)

MICHIGAN.

Trust Deposits. When any deposit of money shall be made in any bank or trust company by any person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank, in the event of the death of the trustee, the same, or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom the deposit was made, and the receipt or acquittance of such beneficiary to whom such payment is made shall be a valid and sufficient release and discharge to said depository for all payments so made; provided, that said deposit shall not exceed the sum of five hundred dollars. (L. 1909, No. 248, Sec. 2.)

Joint and Alternate Deposits. When a deposit shall be made in any bank or trust company by any person in the name of such depositor or any other person and in form to be paid to either or to the survivor of them, such deposits thereupon and any additions thereto, made by either of such persons, upon the making thereof, shall become the property of such persons as joint tenants, and the same together with all interest thereon, shall be held for the exclusive use of the persons so named and may be paid to either during the lifetime of both or to the survivor after the death of one of them, and such payment and the receipt or acquittance of the same to whom such

payment is made shall be a valid and sufficient release and discharge to said bank for all payments made on account of such deposits prior to the receipt by said bank of notice in writing not to pay such deposit in accordance with the terms thereof. (L. 1909, No. 248, Sec. 3.)

MINNESOTA.

Trust Deposits. Whenever any deposit shall be made (in any bank or savings bank) by any person in trust for another and no other written notice of the existence and terms of any valid and legal trust shall have been given to the bank, in case of the death of such trustee the same or any part thereof, and the dividends or interest thereon, may be paid to the person for whom the deposit was made. (L. 1907, Ch. 468, Sec. 6.)

Joint and Alternate Deposits. And whenever any deposit shall be made (in any bank or savings bank) by or in the names of two or more persons upon joint and several account, the same or any part thereof and the dividends or interest thereon may be paid to either of such persons or to a survivor of them or to a personal representative of such survivor. (L. 1907, Ch. 468, Sec. 6.)

MISSOURI.

Trust Deposits. When any deposit shall be made in any bank, banking institution or trust company by any person in trust for another, and no other or further notice of the existence and terms of such trust shall have been given in writing to the bank, banking institution or trust company, in the event of the death of the trustee, the same, or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom such deposit vas made.

Whenever any deposit shall be made in any bank, banking institution or trust company by any person as trustee, or by any person in trust for another, and no other or further notice of the existence and terms of such trust shall have been given in writing to the bank, banking institution or trust company, the same may be paid upon the check or order of said trustee, bearing his signature and containing the same words in which said deposit was made. (L. 1909, p. 370.)

MONTANA.

Trust Deposits. Whenever any deposit shall be made in any bank, savings bank, banking institution or trust company by any person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank, in the event of the death of the trustee, the same, or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom said deposit was made. (L. 1909, Ch. 37.)

Joint and Alternate Deposits. When a deposit has been made, or shall hereafter be made, in any bank, savings bank, banking institution,or trust company, transacting business in this State, in the names of two persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons whether the other be living or not; and the receipt or acquittance of the person so paid shall be a valid and sufficient release and discharge to the bank for any payment so made. (L. 1909, Ch. 110.)

NEBRASKA.

Joint and Alternate Deposits. When a deposit in any bank in this state is made in the name of two or more

persons, deliverable or payable to either, or to their survivor or survivors, such deposit, or any part thereof, or increase thereof, may be delivered or paid to either of said persons or to the survivor or survivors in due course of business. (L. 1909, Ch. 9, p. 65.)

NEW HAMPSHIRE.

Joint and Alternate Deposits. When a deposit has been made, or shall hereafter be made in any savings bank transacting business in this state in the names of two persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend therein, may be paid to either of said persons, whether the other be living or not; and the receipt or acquittance of the person so paid shall be a valid and sufficient release and discharge to the bank for any payment so made; provided, however, that if one of the parties has deceased, and the bank officials have knowledge of the fact, payment shall not be made to the survivor until the state treasurer has certified that no taxes are due the state under the provisions of Chapter 40 of the Laws of 1905 and amendments thereto, on account of the interest of said decedent in said deposit or that all taxes due have been paid. (L. 1909, Ch. 92.)

NEW JERSEY.

Trust Deposits. Whenever any deposit shall be made by any person in trust for another (in a savings bank), and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank, in the event of the death of the trustee, the same or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom the said deposit was made, or to his legal representatives,

provided, no minor shall withdraw any deposit in his name from any account in which the first deposit was actually made by any person other than such minor, without the consent in writing of the person actually making such deposit, or his legal representative, if any; and if none, without the written consent of the natural or legal guardian of such minor. (L. 1906, Ch. 195, Sec. 26.)

Whenever any deposit shall be made by any person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given to the trust company, in the event of the death of the trustee, the same or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom the said deposit was made, or to his or her legal representatives; provided, that the person for whom the deposit was made, if a minor, shall not draw the same during his or her minority without the consent of the legal representatives of said trustee. (Applicable to trust companies, only. L. 1903, Ch. 210.)

Joint Deposits. When a deposit has been or shall hereafter be made, in the name of two persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or interest or dividends thereon, may be paid to either of said persons whether the other be living or not, and the receipt or acquittance of the person so paid shall be a valid and sufficient release and discharge to the bank for any payment so made. (Applicable to savings banks. L. 1906, Ch. 195, Sec. 27.)

When a deposit has been made, or shall hereafter be made, in any bank or trust company transacting business in this State in the name of two persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons whether the other be living or not. (L. 1907, Ch. 40.)