New Jersey Statutes
§ 17:16I-9 — Financial institution protection; payment after death or disability; joint account
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Any sums in a joint account may be paid, on request, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is demanded; but payment may not be made to the personal representative or heirs of a deceased party unless proofs of death are presented to the financial institution showing that the decedent was the last surviving party or unless there is no right of survivorship under section 5. L.1979, c. 491, s. 9.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 17:16I-9 (Financial institution protection; payment after death or disability; joint account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 17:16I-1
Short title§ 17:16I-10
Payment of P.O.D. account§ 17:16I-11
Payment of trust account§ 17:16I-13
Setoff§ 17:16I-14
Effect of transfer by right of survivorship§ 17:16I-15
Trusts created in fraud of creditors or laws governing transfer inheritance or estate taxes§ 17:16I-16
Deposit contracts; form and content§ 17:16I-17
Application of act§ 17:16I-2
Definitions§ 17:16I-4
Ownership during lifetime§ 17:16I-5
Right of survivorship§ 17:16I-7
Rights of creditors