Statute · California Probate Code

Cal. Prob. Code § 5406 — Protection of Financial Institution

Cal. Prob. Code § 5406

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

The provisions of this chapter that apply to the payment of a Totten trust account apply to an account in the name of one or more parties as trustee for one or more other persons if the financial institution has no other or further notice in writing that the account is not a Totten trust account…

Citator

Cal. Prob. Code § 5406 — Protection of Financial Institution is in force in the current edition of the Code, and nothing recorded condemns it.

The provisions of this chapter that apply to the payment of a Totten trust account apply to an account in the name of one or more parties as trustee for one or more other persons if the financial institution has no other or further notice in writing that the account is not a Totten trust account as defined in Section 80.