There is a newer version of the California Code
2011 California Code
Probate Code
DIVISION 5. NONPROBATE TRANSFERS [5000 - 5705]
ARTICLE 2. Definitions
Section 5138
CA Prob Code § 5138 (through 2012 Leg Sess) What's This?
Payment of sums on deposit includes all of the following:
(a) A withdrawal, including payment on check or other directive of a party.
(b) A pledge of sums of deposit.
(c) A setoff, reduction, or other disposition of all or part of an account pursuant to a pledge.
(Enacted by Stats. 1990, Ch. 79.)
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