Minnesota § 524.6-216 524.6-216 TYPES OF ACCOUNT; EXISTING ACCOUNTS.

Minnesota Statutes

§ 524.6-216 — 524.6-216 TYPES OF ACCOUNT; EXISTING ACCOUNTS.

Minnesota § 524.6-216

PartPROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS

Ch. 524UNIFORM PROBATE CODE

This text of Minnesota § 524.6-216 (524.6-216 TYPES OF ACCOUNT; EXISTING ACCOUNTS.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 524.6-216 (2026).

Text

(a)An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to section524.6-204, either a single-party account or a multiple-party account may have a P.O.D. designation, an agency designation, or both.

(b)An account established before, on, or after August 1, 2013, whether in the form prescribed in section524.6-213or in any other form acceptable to the financial institution, is either a single-party account or a multiple-party account, with or without right of survivorship, and with or without a P.O.D. designation or an agency designation within the meaning of this chapter, and is governed by this chapter.

(c)An agency designation created on or after August 1, 2013, is governed by this c

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(a) An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to section524.6-204, either a single-party account or a multiple-party account may have a P.O.D. designation, an agency designation, or both.
(b) An account established before, on, or after August 1, 2013, whether in the form prescribed in section524.6-213or in any other form acceptable to the financial institution, is either a single-party account or a multiple-party account, with or without right of survivorship, and with or without a P.O.D. designation or an agency designation within the meaning of this chapter, and is governed by this chapter.
(c) An agency designation created on or after August 1, 2013, is governed by this chapter.