Iowa Statutes

§ 524.806 — Deposit in the names of two or more individuals

Iowa § 524.806
JurisdictionIowa
Title XIIICOMMERCE
Ch. 524BANKS

This text of Iowa § 524.806 (Deposit in the names of two or more individuals) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Iowa Code § 524.806 (2026).

Text

When a deposit is made in any state bank in the names of two or more individuals, payable to any one or more of them, or payable to the survivor or survivors, the deposit, including interest, or any part thereof, may be paid to any one or more of the individuals whether the others be living or not, and the receipt or acquittance of the individuals so paid is a valid and sufficient release and discharge to the state bank for any payment so made.

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Related

Kettler v. Security National Bank of Sioux City
805 N.W.2d 817 (Court of Appeals of Iowa, 2011)
10 case citations

Legislative History

[S13, §1889-b; C24, 27, 31, 35, 39, §9267; C46, 50, 54, 58, 62, 66, §528.64; C71, 73, 75, 77, 79, 81, §524.806; 81 Acts, ch 173, §3]

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Bluebook (online)
Iowa § 524.806, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/524.806.