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Terms Used In Idaho Code 15-6-114

  • Account: means a contract of deposit of funds between a depositor and a financial institution, and includes a checking account, savings account, certificate of deposit, share account and other like arrangement;
Idaho Code 15-6-101
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
    • A deposit of community property in an account does not alter the community character of the property or community rights in the property, but a right of survivorship between parties married to each other arising from the express terms of the account or of the provisions of this chapter may not be altered by will.