Delaware Statutes

§ 5108 — Property interest of depositor or beneficiary

Delaware·Title 5·Part Miscellaneous Provisions·Ch. 51 Uniform Special Deposits Act
(a)Neither a depositor nor a beneficiary has a property interest in a special deposit.
(b)Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.

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Legislative History

84 Del. Laws, c. 465, § 1

Nearby Sections

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