Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-131. No duty on an association to determine ownership of funds placed in savings accounts

An association shall be under no duty to determine the ownership of funds received by it for savings accounts, but shall be entitled to rely on the savings account contract with the named owners. An association shall not be liable to any person claiming to be the owner, part owner, joint owner or beneficiary in any savings account unless such person is named as owner or beneficiary therein or the association is supplied with a decree or order of court determining ownership.