Arizona § 6-234 - Deposit of minor; school saving plan
Full text of Arizona Arizona Revised Statutes § 6-234 — Deposit of minor; school saving plan, with citation guidance and answers to common questions.
§ 6-234. Deposit of minor; school saving plan
A. A bank may operate a deposit account in the name of a minor or in the name of two or more persons, one or more of whom are minors, and all rights and liabilities of the bank and any depositor arising out of such account and any act of the parties in relation thereto shall be of the same legal effect as if the minor is of full legal age.
B. Subject to such regulations as the deputy director may prescribe for the protection of depositors, a bank may contract with the proper authorities of any elementary or secondary school, or of any institution caring for minors, for the participation by the bank in any school or institutional thrift or savings plan, and it may accept deposits at such a school or institution, either by its own collector or by any representative of the school or institution who becomes the agent of the bank for such purpose.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-234
What does Arizona Revised Statutes § 6-234 cover?
Section 6-234 ("Deposit of minor; school saving plan") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 6-234?
A common citation format is "Arizona Revised Statutes § 6-234" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 6-234 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.