{"data":{"id":"us-co/c.r.s.-15-15-221","jurisdiction":"us-co","citation":"C.R.S. § 15-15-221","heading":"Authority of financial institution.","body":"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.","path":["Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES","Article 15 - Nonprobate Transfers on Death","Part 2 - MULTIPLE-PERSON ACCOUNTS","Subpart 3 - PROTECTION OF FINANCIAL INSTITUTIONS"],"source_url":"https://olls.info/crs/crs2026-title-15.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"054652e137a85a9ea7596ba5d518c8b9ee39f90e7e48d7e0d9069525930cbdb1","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-15-216","next":"us-co/c.r.s.-15-15-222"},"notice":"GroundRules: Original legal text. Not legal advice."}