Georgia Code
Article 8 - Multiple-Party Accounts
§ 7-1-816. Financial Institution Protection — Multiple-Party Accounts Authorized; Payment on Signature of One Party; Inquiry as to Deposits or Withdrawals Not Required

Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. For purposes of establishing net contributions, a financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account or to inquire as to the proposed application of any sum withdrawn from an account.
History. Code 1933, § 41A-3807, enacted by Ga. L. 1976, p. 1388, § 8.
Law reviews.
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).
For article, “Wills, Trusts & Administration of Estates,” see 53 Mercer L. Rev. 499 (2001).

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