A transfer resulting from the application of section 19-602.12 is effective by reason of the terms of the account involved and this subchapter and is not testamentary or subject to estate administration.
(Apr. 27, 2001, D.C. Law 13-292, § 302(b), 48 DCR 2087.)
Uniform Law: This section is based upon § 214 of the Uniform Nonprobate Transfers on Death Act (1991 Act).
Structure District of Columbia Code
Title 19 - Descent, Distribution, and Trusts. [Enacted title]
Chapter 6 - Nonprobate Transfers on Death; Uniform Law
Subchapter II - Multiple-Person Accounts
Part B - Ownership as Between Parties and Others
§ 19–602.11. Ownership during lifetime
§ 19–602.13. Alteration of rights
§ 19–602.14. Accounts and transfers nontestamentary
§ 19–602.15. Community property and tenancy by the entireties