Ky. Rev. Stat. § 391.330

Current through Acts Received April 24, 2024
Section 391.330 - Payment on signature of one party

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 (1) 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of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions.

KRS 391.330

Created 1976 Ky. Acts ch. 218, sec. 32.