California § 5402. 5402. (Enacted by Stats. 1990, Ch. 79.)

California Statutes

§ 5402. — 5402. (Enacted by Stats. 1990, Ch. 79.)

California § 5402.

JurisdictionCalifornia

Code PROBProbate Code - PROB

Div. 5.DIVISION 5. NONPROBATE TRANSFERS

Part 2.PART 2. MULTIPLE-PARTY ACCOUNTS

Ch. 4.CHAPTER 4. Protection of Financial Institution

This text of California § 5402. (5402. (Enacted by Stats. 1990, Ch. 79.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Probate Code - PROB Code § 5402. (2026).

Text

Any sums in a joint account may be paid, on request and according to its terms, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is demanded; but payment may not be made to the personal representative or heirs of a deceased party unless proof of death is presented to the financial institution showing that the decedent was the last surviving party or unless there is no right of survivorship under Section 5302.

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Any sums in a joint account may be paid, on request and according to its terms, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is demanded; but payment may not be made to the personal representative or heirs of a deceased party unless proof of death is presented to the financial institution showing that the decedent was the last surviving party or unless there is no right of survivorship under Section 5302.

Legislative History

Enacted by Stats. 1990, Ch. 79.

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California § 5402., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/5402..