North Dakota § 30.1-31-16 (6-223) Payment on P.O.D designation

North Dakota Statutes

§ 30.1-31-16 — (6-223) Payment on P.O.D designation

North Dakota § 30.1-31-16

Title 30.1Uniform Probate Code

Ch. 30.1-31Nonprobate Transfers on Death

This text of North Dakota § 30.1-31-16 ((6-223) Payment on P.O.D designation) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 30.1-31-16 (2026).

Text

A financial institution, on request, may pay sums on deposit in an account with a P.O.D. designation to:

1.One or more of the parties, whether or not another party is disabled, incapacitated, or deceased when the payment is requested and whether or not a party survives another party;

2.The beneficiary or beneficiaries, if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as parties; or

3.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.

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A financial institution, on request, may pay sums on deposit in an account with a P.O.D.
designation to:
1. One or more of the parties, whether or not another party is disabled, incapacitated, or
deceased when the payment is requested and whether or not a party survives another
party;

2. The beneficiary or beneficiaries, if proof of death is presented to the financial institution
showing that the beneficiary or beneficiaries survived all persons named as parties; or
3. 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.