If a financial institution is required or permitted to make payment pursuant to this subchapter to a minor designated as a beneficiary, payment may be made pursuant to Chapter 3 of Title 21 of the District of Columbia Code.
(Apr. 27, 2001, D.C. Law 13-292, § 302(b), 48 DCR 2087.)
Uniform Law: This section is based upon § 225 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 C - Protection Of Financial Institutions
§ 19–602.21. Authority of financial institution
§ 19–602.22. Payment on multiple-party account
§ 19–602.23. Payment on POD designation