District of Columbia Statutes
§ 19-602.21 — Authority of financial institution.
District of Columbia § 19-602.21
JurisdictionDistrict of Columbia
Title 19Descent, Distribution, and Trusts. [Enacted title]
Ch. 6Nonprobate Transfers on Death; Uniform Law.
Subch. IIMultiple-Person Accounts.
Part CProtection Of Financial Institutions.
This text of District of Columbia § 19-602.21 (Authority of financial institution.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 19-602.21 (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.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Apr. 27, 2001, D.C. Law 13-292, § 302(b), 48 DCR 2087
Nearby Sections
15
§ 19-101.01
Applicable law.§ 19-101.02
Homestead allowance.§ 19-101.03
Exempt property.§ 19-101.04
Family allowance.§ 19-101.06
Penalties.§ 19-102
Dower and curtesy abolished.§ 19-104
Absent or incompetent spouse.§ 19-107
Effect of acts of one spouse.§ 19-107a
Release of dower.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 19-602.21, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/19-602.21.