California Statutes
§ 5150. — 5150. (Enacted by Stats. 1990, Ch. 79.)
California·Code PROB Probate Code - PROB·Div. 5. DIVISION 5. NONPROBATE TRANSFERS·Part 2. PART 2. MULTIPLE-PARTY ACCOUNTS·Ch. 1. CHAPTER 1. Short Title and Definitions·Art. 2. ARTICLE 2. Definitions
“Sums on deposit” means both of the following:
(a)The balance payable on an account, including interest and dividends earned, whether or not included in the current balance.
(b)Any life insurance proceeds added to the account by reason of the death of a party.
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California § 5150. (5150. (Enacted by Stats. 1990, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1990, Ch. 79.