California Probate Code CHAPTER 4 - Protection of Financial Institution

• Section 5401.
  (a) Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on...
• Section 5402.
  Any sums in a joint account may be paid, on request and according to its terms, to any party without regard to whether any other...
• Section 5403.
  Any P.O.D. account may be paid, on request and according to its terms, to any original party to the account. Payment may be made, on...
• Section 5404.
  Any Totten trust account may be paid, on request and according to its terms, to any trustee. Unless the financial institution has received written notice...
• Section 5405.
  (a) Payment made pursuant to Section 5401, 5402, 5403, or 5404 discharges the financial institution from all claims for amounts so paid whether or not the...
• Section 5406.
  The provisions of this chapter that apply to the payment of a Totten trust account apply to an account in the name of one or...
• Section 5407.
  If a financial institution is required or permitted to make payment pursuant to this chapter to a person who is a minor:(a) If the minor is...

Last modified: October 22, 2018