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Arizona Revised Statutes Title 14. Trusts, Estates and Protective Proceedings § 14-6221. Financial institutions; types of accounts

Current as of January 01, 2025 | Updated by Findlaw Staff

A. A financial institution may enter into a contract of deposit for a multiple party account to the same extent it may enter into a contract of deposit for a single party account and may provide for a pay on death designation and an agency designation in either a single party account or a multiple party account.

B. A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 14. Trusts, Estates and Protective Proceedings § 14-6221. Financial institutions; types of accounts - last updated January 01, 2025 | https://codes.findlaw.com/az/title-14-trusts-estates-and-protective-proceedings/az-rev-st-sect-14-6221/

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