14-6222. Multiple party accounts; payment; proof of death and survivorship
A financial institution, on request, may pay sums on deposit on a multiple party account to:
1. One or more of the parties, whether or not another party is a party with disabilities, incapacitated or deceased when payment is requested and whether or not the party making the request survives another party.
2. The personal representative, or, if there is none, the heirs or devisees of a deceased party who present an affidavit in compliance with section 14-3971, subsection B and proof of death to the financial institution showing that the deceased party was the survivor of all other persons named on the account either as a party or beneficiary, unless the account is without right of survivorship under section 14-6212.
Section: Previous 14-6206 14-6211 14-6212 14-6213 14-6214 14-6216 14-6221 14-6222 14-6223 14-6224 14-6225 14-6226 14-6227 14-6301 14-6302 NextLast modified: October 13, 2016