Colorado Statutes
§ 15-15-221 — Authority of financial institution
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 POD designation and an agency designation in either a single-party account or a
multiple-party account. 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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Colorado § 15-15-221 (Authority of financial institution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 90: Entire article R&RE, p. 915, � 1, effective July 1.
Nearby Sections
15
§ 15-1-1001
Legislative declaration§ 15-1-1006
References to Internal Revenue Code of 1954§ 15-1-1007
Application of part 10§ 15-1-101
Short title§ 15-1-102
Legislative declaration§ 15-1-103
Definitions§ 15-1-104
Prior transactions§ 15-1-105
Application of payments to fiduciary§ 15-1-109
Deposit in name of fiduciary