NRS 111.807: Payments of sums on deposit: Accounts with POD designation.
Where this section sits in the code
- TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
- CHAPTER 111 - ESTATES IN PROPERTY; CONVEYANCING AND RECORDING
- NONPROBATE TRANSFER OF PROPERTY UPON DEATH
- Accounts in Financial Institutions
A financial institution, on request, may pay sums on deposit in an account with a POD designation to:
1. One or more of the parties, whether or not another party is disabled, incapacitated or deceased when the payment is requested and whether or not a party survives another party;
2. The beneficiary or beneficiaries, if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as parties; or
3. The personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account as a party or beneficiary.
Collected 2026-09-03T05:51:31Z. Source file · JSON