Virginia Code 6.2-610: Transfers arising from right of survivorship nontestamentary.
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Any transfers resulting from the application of § 6.2-608 are effective by reason of the account contracts involved and this article and are not to be considered as testamentary or subject to Chapter 4 of Title 64.2.
Terms Used In Virginia Code 6.2-610
- 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 similar arrangements. See Virginia Code 6.2-604
1979, c. 407, § 6.1-125.7; 2010, c. 794.