§ 30.22.060. Requirements of contract of deposit
The contract of deposit shall be in writing and signed by all individuals who have a current right to payment of funds from an account. The designation of an agent, or trust or P.O.D. account beneficiary by a depositor of a joint account without right of survivorship, or the designation of an agent by a depositor of a joint account with right of survivorship or by a depositor of a trust or P.O.D. account does not require the signature of a codepositor. A financial institution may insert such additional terms and conditions in a contract of deposit as it deems appropriate.
[1981 c 192 § 6.]
Sections: Previous 30.22.010 30.22.020 30.22.030 30.22.040 30.22.041 30.22.050 30.22.060 30.22.070 30.22.080 30.22.090 30.22.100 30.22.110 30.22.120 30.22.130 30.22.140 NextLast modified: April 7, 2009