Colorado Statutes

§ 15-15-221 — Authority of financial institution

Colorado § 15-15-221
JurisdictionColorado
Title 15Probate,
Art.Nonprobate Transfers on Death

This text of Colorado § 15-15-221 (Authority of financial institution) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Colo. Rev. Stat. § 15-15-221 (2026).

Text

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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Legislative History

Source: L. 90: Entire article R&RE, p. 915, � 1, effective July 1.

Nearby Sections

15
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Bluebook (online)
Colorado § 15-15-221, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/15/15-15-221.