{"data":{"id":"us-nj/n.j.-stat.-17-16i-14","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:16I-14","heading":"Effect of transfer by right of survivorship","body":"Any transfers resulting from the application of section 5 are effective by reason of the account contracts involved and this act, and are not to be considered as testamentary.  The right of any surviving party to a joint account, or of any beneficiary, or of any P.O.D. payee, to the sums on deposit on the death of any party to a multiple-party account maintained in any financial institution, shall not be denied, abridged or in anywise affected because such right has not been created by a writing executed in accordance with the laws of this State prescribing the requirements to effect a valid testamentary disposition of property.\nL.1979, c. 491, s. 14.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"1d84cea92d046e08b1af6449e6bc418c894a92ebf8f5c9592b939de6ec7b2052","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-16i-13","next":"us-nj/n.j.-stat.-17-16i-15"},"notice":"GroundRules: Original legal text. Not legal advice."}