diff --git a/packages/xrpl/HISTORY.md b/packages/xrpl/HISTORY.md
index c3191e2a..886a90a5 100644
--- a/packages/xrpl/HISTORY.md
+++ b/packages/xrpl/HISTORY.md
@@ -8,6 +8,7 @@ Subscribe to [the **xrpl-announce** mailing list](https://groups.google.com/g/xr
 * Fixed missing reason code in websocket implemntation on websocket disconnect
 * Fix timeout error in request manager
 * Improved typescript typing
+* Fixed empty value condition for NFTokenMinter field in AccountSet transaction
 
 ### Added
 - `getNFTokenID` lets you get the NFTokenID after minting an NFT
diff --git a/packages/xrpl/src/models/transactions/accountSet.ts b/packages/xrpl/src/models/transactions/accountSet.ts
index 9b57b1c6..8512d9ff 100644
--- a/packages/xrpl/src/models/transactions/accountSet.ts
+++ b/packages/xrpl/src/models/transactions/accountSet.ts
@@ -1,4 +1,7 @@
 /* eslint-disable complexity -- Necessary for validateAccountSet */
+
+import { isValidClassicAddress } from 'ripple-address-codec'
+
 import { ValidationError } from '../../errors'
 
 import { BaseTransaction, validateBaseTransaction } from './common'
@@ -164,10 +167,17 @@ const MAX_TICK_SIZE = 15
  * @param tx - An AccountSet Transaction.
  * @throws When the AccountSet is Malformed.
  */
-// eslint-disable-next-line max-lines-per-function -- okay for this method, only a little over
+// eslint-disable-next-line max-lines-per-function, max-statements -- okay for this method, only a little over
 export function validateAccountSet(tx: Record<string, unknown>): void {
   validateBaseTransaction(tx)
 
+  if (
+    tx.NFTokenMinter !== undefined &&
+    !isValidClassicAddress(String(tx.NFTokenMinter))
+  ) {
+    throw new ValidationError('AccountSet: invalid NFTokenMinter')
+  }
+
   if (tx.ClearFlag !== undefined) {
     if (typeof tx.ClearFlag !== 'number') {
       throw new ValidationError('AccountSet: invalid ClearFlag')
diff --git a/packages/xrpl/test/models/accountSet.test.ts b/packages/xrpl/test/models/accountSet.test.ts
index 3d9ba484..3a072248 100644
--- a/packages/xrpl/test/models/accountSet.test.ts
+++ b/packages/xrpl/test/models/accountSet.test.ts
@@ -148,4 +148,19 @@ describe('AccountSet', function () {
       'AccountSet: invalid TickSize',
     )
   })
+
+  it(`throws w/ invalid NFTokenMinter`, function () {
+    account.NFTokenMinter = ''
+
+    assert.throws(
+      () => validateAccountSet(account),
+      ValidationError,
+      'AccountSet: invalid NFTokenMinter',
+    )
+    assert.throws(
+      () => validate(account),
+      ValidationError,
+      'AccountSet: invalid NFTokenMinter',
+    )
+  })
 })