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2011 California Code
Financial Code
DIVISION 1.1. BANKING [1000 - 1910]
ARTICLE 1. Depositors
Section 1401


CA Fin Code § 1401 (through 2012 Leg Sess) What's This?

A bank account by or in the name of a married person shall be held for the exclusive right and benefit of the person, shall be free from the control or lien of any other person except a creditor, and shall be paid to the person or to the order of the person, and payment so made is a valid and sufficient release and discharge to the bank for the deposit or any part thereof.

(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)

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