A financial institution may enter into a contract of deposit for a multiple-party account to the same extent it may enter into a contract of deposit for a single-party account and may provide for a POD designation and an agency designation in either a single-party account or a multiple-party account. A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.
Section: Previous 13.33.206 13.33.211 13.33.212 13.33.213 13.33.214 13.33.215 13.33.216 13.33.221 13.33.222 13.33.223 13.33.224 13.33.225 13.33.226 13.33.227 NextLast modified: November 15, 2016