Alabama Statutes

§ 5-24-14 — Accounts and Transfers Nontestamentary

Alabama·Title 5 Banks and Financial Institutions·Ch. 24 Uniform Multiple-Person Accounts Act·Art. 2 Ownership as Between Parties and Others
Except as a consequence of, and to the extent directed by, Section 5-24-15, a transfer resulting from the application of Section 5-24-12 is effective by reason of the terms of the account involved and this chapter and is not testamentary or subject to estate administration.

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Legislative History

(Acts 1997, No. 97-644, p. 1177, §1.)

Nearby Sections

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