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2017 Nevada Revised Statutes
Chapter 111 - Estates in Property; Conveyancing and Recording
NRS 111.807 - Payments of sums on deposit: Accounts with POD designation.
Universal Citation: NV Rev Stat § 111.807 (2017)
A financial institution, on request, may pay sums on deposit in an account with a POD designation to:
1. One or more of the parties, whether or not another party is disabled, incapacitated or deceased when the payment is requested and whether or not a party survives another party;
2. The beneficiary or beneficiaries, if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as parties; or
3. The personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account as a party or beneficiary.
(Added to NRS by 2011, 1432)
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