Georgia Statutes
§ 7-1-816 — Multiple-party accounts authorized; payment on signature of one party; inquiry as to deposits or withdrawals not required
Georgia § 7-1-816
JurisdictionGeorgia
Title7
This text of Georgia § 7-1-816 (Multiple-party accounts authorized; payment on signature of one party; inquiry as to deposits or withdrawals not required) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 7-1-816 (2026).
Text
Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. For purposes of establishing net contributions, a financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account or to inquire as to the proposed application of any sum withdrawn from an account.
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Related
Jordan v. Stephens
470 S.E.2d 733 (Court of Appeals of Georgia, 1996)
Ralston v. Etowah Bank
429 S.E.2d 102 (Court of Appeals of Georgia, 1993)
South v. Bank of America
551 S.E.2d 55 (Court of Appeals of Georgia, 2001)
Emmett v. Regions Bank
518 S.E.2d 472 (Court of Appeals of Georgia, 1999)
Nowlin v. Parker
358 S.E.2d 258 (Court of Appeals of Georgia, 1987)
Banks v. Todd
362 S.E.2d 410 (Court of Appeals of Georgia, 1987)
Williams v. Citizens Bank
356 S.E.2d 80 (Court of Appeals of Georgia, 1987)
Lowe v. Barnett Bank
433 S.E.2d 294 (Court of Appeals of Georgia, 1993)
Georgia Government Transparency and Campaign Finance Commission v. New Georgia Project Action Fund
(Court of Appeals of Georgia, 2021)
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-10
Rules of construction§ 7-1-1000
Definitions§ 7-1-1001-1
Requirement for mortgage loan originator license; application to sellers of mobile homes§ 7-1-1002
Prohibited transactions; liability§ 7-1-1003
Applications for licenses§ 7-1-1003-1
[Repealed] Physical place of business§ 7-1-1003-3
[Reserved] Application for registration§ 7-1-1003-4
[Reserved] Notification statementCite This Page — Counsel Stack
Bluebook (online)
Georgia § 7-1-816, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/7-1-816.