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2017 Minnesota Statutes
Chapters 524 - 532 — PROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS
Chapter 524 — UNIFORM PROBATE CODE
Section 524.6-208 — FINANCIAL INSTITUTION PROTECTION; PAYMENT ON SIGNATURE OF ONE PARTY.
Universal Citation: MN Stat § 524.6-208 (2017)
524.6-208 FINANCIAL INSTITUTION PROTECTION; PAYMENT ON SIGNATURE OF ONE PARTY.
Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. A financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account.
A minor may be a party to a joint account.
History: 1973 c 619 s 9; 1985 c 292 s 17; 1994 c 472 s 63
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