The provisions of sections 15-6-103 through 15-6-105[, Idaho Code,] of this Part concerning beneficial ownership as between parties, or as between parties and P.O.D. payees or beneficiaries of multiple-party accounts, are relevant only to controversies between these persons and their creditors and other successors, and have no bearing on the power of withdrawal of these persons as determined by the terms of account contracts. The provisions of sections 15-6-108 through 15-6-113[, Idaho Code,] of this Part govern the liability of financial institutions who make payments pursuant thereto, and their set-off rights.
Idaho Code § 15-6-102
Ownership as between parties, and others — Protection of financial institutions
I.C., § 15-6 -102, as added by 1971, ch. 111, § 1, p. 233.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.