UTAH CODE (Last Updated: January 16, 2015) |
Title 75. Utah Uniform Probate Code |
Chapter 6. Nonprobate Transfers |
Part 1. Multiple-Party Accounts |
§ 75-6-110. Financial institution protection -- Payment of P.O.D. account.
Latest version.
- Any P.O.D. account may be paid, on request, to any original party to the account. Payment may be made, on request, to the P.O.D. payee or to the personal representative or heirs of a deceased P.O.D. payee upon presentation to the financial institution of proof of death showing that the P.O.D. payee survived all persons named as original payees. Payment may be made to the personal representative or heirs of a deceased original payee if proof of death is presented to the financial institution showing that his decedent was the survivor of all other persons named on the account either as an original payee or as P.O.D. payee.
Enacted by Chapter 150, 1975 General Session