Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 9147. Duties of depositories

When money is deposited or invested in a financial institution located in this Commonwealth in the names of two or more persons, other than husband and wife, or in the name of a person or persons in trust for another or others, and one of the parties to the deposit or investment dies, it shall be the duty of the financial institution, within ten days after knowledge of the death, to notify the department, giving the name of the deceased person, the date of the creation of the joint or trust deposit or investment, the amount invested or on deposit at the date of death with the financial institution and the name and address of the survivor or survivors to the account.  No notification shall be required in regard to the account when the deposit at the time of death does not exceed three hundred dollars ($300).