15-6-109. FINANCIAL INSTITUTION PROTECTION — PAYMENT AFTER DEATH OR DISABILITY — JOINT ACCOUNT. Any sums in a joint account may be paid, on request, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is demanded; but payment may not be made to the personal representative or heirs of a deceased party unless proofs of death are presented to the financial institution showing that the decedent was the last surviving party or unless there is no right of survivorship under section 15-6-104 of this Part.
History:
[I.C., sec. 15-6-109, as added by 1971, ch. 111, sec. 1, p. 233.]
Structure Idaho Code
Title 15 - UNIFORM PROBATE CODE
Chapter 6 - NONPROBATE TRANSFERS
Part 1 - MULTIPLE-PARTY ACCOUNTS
Section 15-6-101 - DEFINITIONS.
Section 15-6-102 - OWNERSHIP AS BETWEEN PARTIES, AND OTHERS — PROTECTION OF FINANCIAL INSTITUTIONS.
Section 15-6-103 - OWNERSHIP DURING LIFETIME.
Section 15-6-104 - RIGHT OF SURVIVORSHIP.
Section 15-6-105 - EFFECT OF WRITTEN NOTICE TO FINANCIAL INSTITUTION.
Section 15-6-106 - ACCOUNTS AND TRANSFERS NONTESTAMENTARY.
Section 15-6-107 - LIABILITY OF NONPROBATE TRANSFEREES FOR CREDITOR CLAIMS AND STATUTORY ALLOWANCES.
Section 15-6-108 - FINANCIAL INSTITUTION PROTECTION — PAYMENT ON SIGNATURE OF ONE PARTY.
Section 15-6-110 - FINANCIAL INSTITUTION PROTECTION — PAYMENT OF P.O.D. ACCOUNT.
Section 15-6-111 - FINANCIAL INSTITUTION PROTECTION — PAYMENT OF TRUST ACCOUNT.
Section 15-6-112 - FINANCIAL INSTITUTION PROTECTION — DISCHARGE.
Section 15-6-113 - FINANCIAL INSTITUTION PROTECTION — SETOFF.