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2017 Code of Alabama
Title 5 - BANKS AND FINANCIAL INSTITUTIONS.
Chapter 24 - UNIFORM MULTIPLE-PERSON ACCOUNTS ACT.
Article 2 - Ownership As Between Parties and Others.
Section 5-24-14 - Accounts and transfers nontestamentary.
Universal Citation: AL Code § 5-24-14 (2017)
Section 5-24-14Accounts and transfers nontestamentary.
Except as a consequence of, and to the extent directed by, Section 5-24-15, a transfer resulting from the application of Section 5-24-12 is effective by reason of the terms of the account involved and this chapter and is not testamentary or subject to estate administration.
(Acts 1997, No. 97-644, p. 1177, §1.)
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