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.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 33. Nonprobate Transfers
Article 2. Single and Multiple Party Accounts.
Sec. 13.33.202. Limitation on scope.
Sec. 13.33.203. Types of account; existing accounts.
Sec. 13.33.205. Designation of agent and termination of authority.
Sec. 13.33.206. Applicability.
Sec. 13.33.211. Ownership during lifetime.
Sec. 13.33.212. Rights at death.
Sec. 13.33.213. Alteration of rights.
Sec. 13.33.214. Accounts and transfers nontestamentary.
Sec. 13.33.215. Rights of creditors and others.
Sec. 13.33.216. Community property and tenancy by the entirety.
Sec. 13.33.221. Authority of financial institution.
Sec. 13.33.222. Payment on multiple-party account.
Sec. 13.33.223. Payment on POD designation.
Sec. 13.33.224. Payment to designated agent.