GroundRules
C.R.S. § 15-15-221: Authority of financial institution.
Where this section sits in the code
- Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES
- Article 15 - Nonprobate Transfers on Death
- Part 2 - MULTIPLE-PERSON ACCOUNTS
- Subpart 3 - PROTECTION OF FINANCIAL INSTITUTIONS
A financial institution may enter into a contract of deposit for a multiple-party account to the same extent it may enter into a contract of deposit for a single-party account, and may provide for a POD designation and an agency designation in either a single-party account or a multiple-party account. A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.
Collected 2026-09-14T18:37:45Z. Source file · JSON