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2020 Maine Revised Statutes
TITLE 18-C: PROBATE CODE
Article 6: NONPROBATE TRANSFERS ON DEATH
Part 2: MULTIPLE-PARTY ACCOUNTS
Subpart 3: PROTECTION OF FINANCIAL INSTITUTIONS
18-C §6-224. Payment to designated agent
Universal Citation: 18-C ME Rev Stat § 6-224 (2020)
§6-224. Payment to designated agent
A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incapacitated or deceased when the request is made or received and whether or not the authority of the agent terminates on the disability or incapacity of a party. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
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