Montana Statutes

§ 72-6-222 — Payment On Multiple-Party Account

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 2 Multiple-Party Accounts

72-6-222 . Payment on multiple-party account. A financial institution, on request, may pay sums on deposit in a multiple-party account to:

(1)one or more of the parties, whether or not another party is disabled, incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party; or
(2)the personal representative or a successor claiming under 72-3-1101 if proof of death is presented to the financial institution, showing that the deceased party was the survivor of all other persons named on the account as either a party or beneficiary, unless the account is without right of survivorship under 72-6-212 .

Free access — add to your briefcase to read the full text and ask questions with AI

Montana § 72-6-222 (Payment On Multiple-Party Account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 97, Ch. 494, L. 1993.

Nearby Sections

15
View on official source ↗