Statute · California Financial Code

Cal. Fin. Code § 6900 — Accounts of Incompetents

Cal. Fin. Code § 6900

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

If an association or federal association has received no written notice and is not on actual notice that the savings account holder has been adjudicated incompetent, it may pay or deliver funds to the account holder in accordance with the provisions of the savings account contract, and the…

Citator

Cal. Fin. Code § 6900 — Accounts of Incompetents is in force in the current edition of the Code, and nothing recorded condemns it.

If an association or federal association has received no written notice and is not on actual notice that the savings account holder has been adjudicated incompetent, it may pay or deliver funds to the account holder in accordance with the provisions of the savings account contract, and the receipt or acquittance of the holder shall be a sufficient release of that association or federal association for the payment or delivery.