Cross References
Effect and transition of L 1996, c 288 amendments, see §560:8-201.
PART 1. MULTIPLE-PARTY ACCOUNTS
§560:6-110 Financial institution protection; payment of payable-on-death account. Any payable-on-death account may be paid, on request, to any original party to the account. Payment may be made, on request, to the payable-on-death payee or to the personal representative or heirs of a deceased payable-on-death payee upon presentation to the financial institution of proof of death showing that the payable-on-death payee survived all persons named as original payees. Payment may be made to the personal representative or heirs of a deceased original payee if proof of death is presented to the financial institution showing that his decedent was the survivor of all other persons named on the account either as an original payee or as payable-on-death payee. [L 1976, c 200, pt of §1]
Section: Previous 560-6-103 560-6-104 560-6-105 560-6-106 560-6-107 560-6-108 560-6-109 560-6-110 560-6-111 560-6-112 560-6-113 560-6-201 560-7-101 560-7-102 560-7-103 NextLast modified: October 27, 2016