North Dakota § 30.1-31-15 (6-222) Payment on multiple-party account

North Dakota Statutes

§ 30.1-31-15 — (6-222) Payment on multiple-party account

North Dakota·Title 30.1 Uniform Probate Code·Ch. 30.1-31 Nonprobate Transfers on Death

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, if any, or, if there is none, the heirs or devisees of a deceased party 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 either as a party or beneficiary, unless the account is without right of survivorship under section 30.1-31-09.

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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, if any, or, if there is none, the heirs or devisees of a
deceased party 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 either
as a party or beneficiary, unless the account is without right of survivorship under
section 30.1-31-09.

North Dakota § 30.1-31-15 ((6-222) Payment on multiple-party account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.