Montana Statutes
§ 72-6-221 — Authority Of Financial Institution
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 2 Multiple-Party Accounts
72-6-221 . Authority of financial institution. A financial institution may enter into a contract of deposit for a multiple-party account to the same extent it may enter into a contract of deposit for a single-party account and may provide for a POD designation and an agency designation in either a single-party account or a multiple-party account. A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.
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Legislative History
En. Sec. 96, Ch. 494, L. 1993.
Nearby Sections
15
§ 72-6-101
Renumbered 72-9-101§ 72-6-102
Renumbered 72-9-102§ 72-6-103
Renumbered 72-9-103§ 72-6-104
Through 72-6-106 Reserved§ 72-6-107
Renumbered 72-9-107§ 72-6-108
Renumbered 72-9-108§ 72-6-109
Renumbered 72-9-109§ 72-6-110
Renumbered 72-9-110§ 72-6-111
Nonprobate Transfers On Death§ 72-6-113
Reserved§ 72-6-114
Renumbered 72-9-114§ 72-6-115
Renumbered 72-9-115§ 72-6-116
Renumbered 72-9-116§ 72-6-117
Through 72-6-119 Reserved