46:2B-16 - Banking transaction by agent binds principal 

46:2B-16.    Banking transaction by agent binds principal 
     Any banking transaction made by an agent or banking institution under the authority of a power of attorney described in this act, unless otherwise invalid or unenforceable, binds the principal and his heirs, devisees, and personal representatives. 

    L.1991,c.95,s.7.