How will an authorized disbursement from a minor's supervised account be sent?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
OTFM will make an authorized disbursement based on the approved distribution plan from a minor's supervised account by:
(a) Making a direct deposit to a specified account at a financial institution (a direct deposit into the specified account will eliminate lost, stolen or damaged checks and will also eliminate delays associated with mailing the check);
(b) Mailing a check to the address of record or to a specified disbursement address; or
(c) Mailing a check to a specified third party's address.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.