MARVIN MANDEL, Governor                               193

THE TRUSTEE NEED NOT GIVE BOND.
(B) DEPOSIT CHECK.

THE TRUSTEE SHALL DEPOSIT THE CHECK IN ANY
FINANCIAL INSTITUTION AS DEFINED IN §13-301(G) OF THIS
TITLE. DEPOSITS MADE UNDER THIS SECTION MAY NOT EXCEED
THE AMOUNT OF INSURANCE PROVIDED.

REVISOR'S NOTE: This section presently appears as
Art. 93A, §402. The section is divided into
two subsections for organizational purposes.
The only other changes are in style and
language.

13-405. COURT ORDER REQUIRED FOR WITHDRAWAL.
(A) PRIOR TO AGE OF 18.

EXCEPT UPON THE ORDER OF A CIRCUIT COURT, THE
FINANCIAL INSTITUTION SPECIFIED IN $13-404(B) MAY NOT
ALLOW THE WITHDRAWAL OF ANY OF THE MONEY EXCEPT TO PAY IT
TO THE MINOR UPON HIS ATTAINMENT OF THE AGE OF 18 YEARS
OR TO PAY TO THE PERSONAL REPRESENTATIVE OF HIS ESTATE
UPON THE DEATH OF THE MINOR PRIOR TO HIS ATTAINING THE
AGE OF 18 YEARS.

(E) DISCHARGE OF LIABILITY.

PAYMENT BY ANY INSTITUTION OR ASSOCIATION IN
ACCORDANCE WITH AN ORDER OF THE COURT, OR TO A MINOR ON
OR AFTER HIS ATTAINING THE AGE OF 18 YEARS, OR TO THE
PERSONAL REPRESENTATIVE AFTER THE DEATH OF THE MINOR, IS
A COMPLETE DISCHARGE OF LIABILITY OF THE INSTITUTION OR
ASSOCIATION FOR THE MONEY PAID.

REVISOR'S NOTE: This section presently appears as
Art. 93A, §403.. The section is divided into
two subsections for organizational purposes.
The only other changes are in language and
style.

13-406. PETITION TO COURT FOR WITHDRAWAL.
(A) WHERE FILED.

A TRUSTEE SHALL FILE A PETITION FOR WITHDRAWAL OF
ANY OF THE MONEY OF THE MINOR IN THE ORIGINAL COURT
ACTION OR IN THE EQUITY COURT IN THE COUNTY WHERE THE
MONEY IS ON DEPOSIT.

(E) CONTENTS.

THE PETITION SHALL BE VERIFIED AND STATE IN DETAIL