Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 13-3.1 — Rights of payees in non-transferable United States savings
N.Y. Est. Powers & Trusts Law § 13-3.1
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 13-3.1 Rights of payees in non-transferable United States savings
Citator
N.Y. Est. Powers & Trusts Law § 13-3.1 — Rights of payees in non-transferable United States savings is in force in the current edition of the Code, and nothing recorded condemns it.
§ 13-3.1 Rights of payees in non-transferable United States savings
bonds
Where any United States savings bond is payable to a designated person, whether as owner, co-owner or beneficiary, and such bond is not transferable, the right of such person to receive payment of the bond according to its terms, and the ownership of the money so received, shall not be impaired or defeated by any statute or rule of law governing the transfer of property by will, gift or intestacy, except as provided in section 5-1.1-A; provided further that nothing herein shall limit article 10 of the debtor and creditor law or 2-1.8.