Revised Code of Washington
Chapter 30A.22 - Financial Institution Individual Account Deposit Act.
30A.22.060 - Requirements of contract of deposit.

RCW 30A.22.060
Requirements of contract of deposit.

The contract of deposit shall be in writing and signed by all individuals who have a current right to payment of funds from an account. The designation of an agent, or trust or P.O.D. account beneficiary by a depositor of a joint account without right of survivorship, or the designation of an agent by a depositor of a joint account with right of survivorship or by a depositor of a trust or P.O.D. account does not require the signature of a codepositor. A financial institution may insert such additional terms and conditions in a contract of deposit as it deems appropriate.

[ 1981 c 192 § 6. Formerly RCW 30.22.060.]

Structure Revised Code of Washington

Revised Code of Washington

Title 30A - Washington Commercial Bank Act

Chapter 30A.22 - Financial Institution Individual Account Deposit Act.

30A.22.010 - Short title.

30A.22.020 - Purposes.

30A.22.030 - Construction.

30A.22.040 - Definitions.

30A.22.041 - Definitions.

30A.22.050 - Types of accounts which financial institution may establish.

30A.22.060 - Requirements of contract of deposit.

30A.22.070 - Accounts of minors and incompetents.

30A.22.080 - Accounts of married persons.

30A.22.090 - Ownership of funds during lifetime of depositor.

30A.22.100 - Ownership of funds after death of a depositor.

30A.22.110 - Controversies between owners.

30A.22.120 - Right to rely on form of account—Discharge of financial institutions.

30A.22.130 - Rights as between individuals preserved.

30A.22.140 - Payment of funds to a depositor.

30A.22.150 - Payment to minors and incompetents.

30A.22.160 - Payment to trust and P.O.D. account beneficiaries.

30A.22.170 - Payment to agents of depositors.

30A.22.180 - Payment to personal representatives.

30A.22.190 - Payment to heirs and creditors of a deceased depositor.

30A.22.200 - Payment to foreign personal representative—Release of financial institution.

30A.22.210 - Authority to withhold payment—Vulnerable adults.

30A.22.220 - Adverse claim bond.

30A.22.230 - Authority to charge a customer for furnishing items or copies of items.

30A.22.240 - Records—Disclosure—Requests by law enforcement—Fees.

30A.22.245 - Records—Admission as evidence—Certificate.

30A.22.250 - No duty to request information.

30A.22.260 - Promotional contests of chance—Director's authority.

30A.22.900 - Effective date—1981 c 192.

30A.22.902 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.