Arizona § 14-6213 Alteration of rights

Arizona Statutes

§ 14-6213 — Alteration of rights

Arizona·Title 14 Arizona Revised Statutes·Ch. 6 NONPROBATE TRANSFERS·Art. 2 Accounts

A.Rights at death under section 14-6212 are determined by the type of account at the death of a party. The type of account may be altered by written notice given by a party to the financial institution to change the type of account or to stop or vary payment under the terms of the account. The notice shall be signed by a party and received by the financial institution during the party's lifetime.

B.A right of survivorship arising from the express terms of the account, section 14-6212 or a pay on death designation may not be altered by will.

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A. Rights at death under section 14-6212 are determined by the type of account at the death of a party. The type of account may be altered by written notice given by a party to the financial institution to change the type of account or to stop or vary payment under the terms of the account. The notice shall be signed by a party and received by the financial institution during the party's lifetime.

B. A right of survivorship arising from the express terms of the account, section 14-6212 or a pay on death designation may not be altered by will.

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