District of Columbia § 19-602.22 Payment on multiple-party account.

District of Columbia Statutes

§ 19-602.22 — Payment on multiple-party account.

District of Columbia § 19-602.22

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 § 19-602.22 (Payment on multiple-party account.) 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 § 19-602.22 (2026).

Text

A financial institution, on request, may pay sums on deposit in a multiple-party account to:

(1)One or more of the parties, whether or not another party has a disability, is incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party; or

(2)The personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account, either as a party or beneficiary, unless the account is without right of survivorship under section 19-602.12.

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A financial institution, on request, may pay sums on deposit in a multiple-party account to:

(1) One or more of the parties, whether or not another party has a disability, is incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party; or

(2) The personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account, either as a party or beneficiary, unless the account is without right of survivorship under section 19-602.12.