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. 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of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions. [1997 c.631 §178]
Section: Previous 708A.450 708A.455 708A.460 708A.465 708A.470 708A.475 708A.480 708A.485 708A.490 708A.495 708A.500 708A.505 708A.510 708A.515 708A.535 NextLast modified: August 7, 2008