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 request, to any one or more of the parties. For purposes of establishing net contributions, a financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account or to inquire as to the proposed application of any sum withdrawn from an account.
Section: Previous 7-1-810 7-1-811 7-1-812 7-1-813 7-1-814 7-1-815 7-1-816 7-1-817 7-1-818 7-1-819 7-1-820 7-1-821 NextLast modified: October 14, 2016