Washington Statutes
§ 30A.22.160 — Payment to trust and P.O.D. account beneficiaries.
Washington § 30A.22.160
JurisdictionWashington
Title 30AWASHINGTON COMMERCIAL BANK ACT
Ch. 30A.22FINANCIAL INSTITUTION INDIVIDUAL ACCOUNT DEPOSIT ACT
This text of Washington § 30A.22.160 (Payment to trust and P.O.D. account beneficiaries.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 30A.22.160 (2026).
Text
Financial institutions may pay any funds remaining on deposit in an account to a trust or P.O.D. account beneficiary or beneficiaries when the financial institution has received proofs of death of all depositors to the account who pursuant to the terms of the contract of deposit were required to predecease the beneficiary. If there is more than one trust or P.O.D. account beneficiary, financial institutions shall not, unless the contract of deposit otherwise provides, pay to any one such beneficiary more than that amount which is obtained by dividing the total of the funds on deposit in the account by the number of trust or P.O.D. account beneficiaries.
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Related
In Re The Estate Of Robert Ridley
(Court of Appeals of Washington, 2016)
Legislative History
[1981 c 192 s 16. Formerly RCW30.22.160.]
Nearby Sections
15
§ 30A.04.002
Short title.§ 30A.04.005
Legislative declarations.§ 30A.04.007
Notice—Use of internet—Rules.§ 30A.04.010
Definitions.§ 30A.04.045
Director—Powers under chapter19.144RCW.§ 30A.04.050
Duty to comply—Violations—Penalty.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 30A.22.160, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/30A.22.160.