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Current as of January 01, 2024 | Updated by FindLaw Staff
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 (1) 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of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXXIV. Descent, Wills, and Administration of Decedents' Estates § 391.330.Payment on signature of one party - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-xxxiv-descent-wills-and-administration-of-decedents-estates/ky-rev-st-sect-391-330/
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