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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 524.6-208: FINANCIAL INSTITUTION PROTECTION; PAYMENT ON SIGNATURE OF ONE PARTY.

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Where this section sits in the code
  1. PROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS
  2. CHAPTER 524. UNIFORM PROBATE CODE
  3. Article 6 NONPROBATE TRANSFERS ON DEATH (1989)
  4. Part 2 MINNESOTA MULTIPARTY ACCOUNTS ACT

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. 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of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account.

A minor may be a party to a joint account.

Collected 2026-09-02T22:10:49Z. Source file · JSON

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