12. Payment of deposits belonging to lunatics.- If any depositor becomes insane or otherwise
incapable of managing his affairs,
and if such insanity or incapacity is proved to the satisfaction of the Secretary of the Bank in which his
deposit may be,
such Secretary may, from time to time, make payments out of the deposit to any proper person,
and the receipt of such person, for money paid under this section, shall be a sufficient discharge
therefor,
Where a committee or manager of the depositor’s estate has been duly appointed, nothing in this section
authorizes payments to any person other than such committee or manager.