Georgia Code, Title 7, Chapter 1, Article 8 - Multiple-Party Accounts

• § 7-1-810 - Definitions
  As used in this article, the term: (1) "Account" means a contract of deposit of funds between a depositor and a financial institution and...
• § 7-1-811 - Applicability of Provisions As to Beneficial Ownership and Protection of Financial Institutions
  Code Sections 7-1-812 through 7-1-814, concerning beneficial ownership as between parties or as between parties and P.O.D. payees or beneficiaries of multiple-party accounts, are...
• § 7-1-812 - Ownership During Lifetime
  (a) A joint account belongs, during the lifetime of all parties, to the parties in proportion to the net contributions by each to the...
• § 7-1-813 - Rights of Survivorship
  (a) Sums remaining on deposit at the death of a party to a joint account belong to the surviving party or parties as against...
• § 7-1-814 - Changing Terms of Account
  The provisions of Code Section 7-1-813 as to rights of survivorship are determined by the form of the account at the death of a...
• § 7-1-815 - Survivorship Transfers Nontestamentary
  Any transfers resulting from the application of Code Section 7-1-813 are effective by reason of the account contracts involved in this article and are...
• § 7-1-816 - Financial Institution Protection -- Multiple-Party Accounts Authorized; Payment on Signature of One Party; Inquiry As to Deposits or Withdrawals Not Required
  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,...
• § 7-1-817 - Financial Institution Protection -- Payment From Joint Account After Death or Disability
  Any sums in a joint account may be paid, on request, to any party without regard to whether any other party is incapacitated or...
• § 7-1-818 - Financial Institution Protection -- Payment of P. O. D. Account
  Any P.O.D. account may be paid, on request, to any original party to the account. Payment may be made, on request, to the P.O.D....
• § 7-1-819 - Financial Institution Protection -- Payment of Trust Account
  Any trust account may be paid, on request, to any trustee. Payment may be made to the personal representative or heirs of a deceased...
• § 7-1-820 - Financial Institution Protection -- Discharge Upon Proper Payment; Notice Not to Permit Withdrawals
  Payment made pursuant to Code Section 7-1-816, 7-1-817, 7-1-818, or 7-1-819 discharges the financial institution from all claims for amounts so paid, whether or...
• § 7-1-821 - Financial Institution Protection -- Right to Setoff
  Without qualifying any other statutory right to setoff or lien and subject to any contractual provision, if a party to a multiple-party account is...

Last modified: October 14, 2016