Title 7, Chapter 1, Section 816
( 7-1-816)
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. For purposes of establishing net contributions, 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to inquire as to the proposed application of any sum withdrawn from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. |