2013 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-9 - Community Obligations and Banking Offenses
Section 19-9-14 - Deposits payable to survivor.
§ 19-9-14 Deposits payable to survivor. – When a deposit has been or shall be made in any regulated institution in the name of two (2) persons and payable to either or to the survivor, the deposit, or any part of the deposit, or any interest or dividend on the deposit, may be paid to either of those persons, whether the other is living or not, or to the guardian, executor, or administrator of the survivor, and the receipt of the person so paid shall be valid and sufficient release and discharge on account of the payment so made.
History of Section.
(P.L. 1995, ch. 82, § 47.)
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