Mont. Code § 72-6-221

Current through the 2023 Regular Session
Section 72-6-221 - Authority of financial institution

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.

§ 72-6-221, MCA

En. Sec. 96, Ch. 494, L. 1993.