North Dakota Code 30.1-31-14 – (6-221) Authority of financial institution
Current as of: 2023 | Check for updates
|
Other versions
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 P.O.D. 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.
Terms Used In North Dakota Code 30.1-31-14
- Contract: A legal written agreement that becomes binding when signed.