A financial institution, on request, may pay sums on deposit in a multiple-party account to
(1) one or more of the parties whether or not another party is disabled, incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party; or
(2) the personal representative, if any, or, if there is none, the heirs or devisees of a deceased party if proof of death is presented 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 AS 13.33.212 .
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