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the depositors in proportion to the net funds owned by each
depositor (unless the contract of deposit provides otherwise or
there is clear and convincing evidence of a contrary intent at
the time the account was created). In the instant case, the
parties stipulated that at all times decedent owned all of the
funds deposited in the Seafirst joint account. The estate also
accurately indicates that Wash. Rev. Code Ann. sec. 30.22.140
(West 1986) (RCWA 30.22.140) permits a financial institution to
make payments of funds on deposit in an account having two or
more depositors to or for any one or more of the depositors named
on the account without regard to the actual ownership of the
funds by or between the depositors.
Moreover, Wash. Rev. Code Ann. sec. 30.22.120 (West 1986)
(RCWA 30.22.120) permits a financial institution, in making
payments of funds deposited in an account, to rely conclusively
and entirely upon the form of the account and the terms of the
contract of deposit at the time the payments are made. RCWA
30.22.120 does not require a financial institution to inquire as
to (1) either the source or the ownership of any funds received
for deposit to an account or (2) the proposed application of any
payments made from an account. Unless a financial institution
has actual knowledge of the existence of a dispute between
depositors, beneficiaries, or other persons claiming an interest
in funds deposited in an account, pursuant to RCWA 30.22.120, a
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