Arizona § 14-6221 Financial institutions; types of accounts

Arizona Statutes

§ 14-6221 — Financial institutions; types of accounts

Arizona § 14-6221

Title 14Arizona Revised Statutes

Ch. 6NONPROBATE TRANSFERS

Art. 2Accounts

This text of Arizona § 14-6221 (Financial institutions; types of accounts) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 14-6221 (2026).

Text

A.A financial institution may enter into a contract of deposit for a multiple party account to the same extent it may enter into a contract of deposit for a single party account and may provide for a pay on death designation and an agency designation in either a single party account or a multiple party account.

B.A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.

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A. A financial institution may enter into a contract of deposit for a multiple party account to the same extent it may enter into a contract of deposit for a single party account and may provide for a pay on death designation and an agency designation in either a single party account or a multiple party account.

B. A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.