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Author Topic: minors bank accounts  (Read 1644 times)

c-lyn7

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minors bank accounts
« on: Jul 15, 2004, 12:31:14 AM »
if a child under the age of 18 say 17 has a checkings account with this persons parents names also on the account, and the minor wants to take their parents off, are they able to do so?


junglechicken

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RE: I don't believe so.
« Reply #1 on: Jul 15, 2004, 09:33:16 AM »
I'm about 95% sure that parents need to give permission to take their signing authority away from their child's account, and they may even have to transfer the money into a different account under just the child's name.

 

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