When any deposit is made in the names of two or more persons jointly, or by any person payable on death (P.O.D.) to another, or by any person in trust for another, the rights of the parties and the financial institution are determined by chapter 524 .
Minn. Stat. § 48.301
MULTIPARTY ACCOUNTS.
Known as the Interstate Banking Act
The act spans §§ 48–48 (81 sections).
1985 c 292 s 2; 1996 c 305 art 1 s 15; 1996 c 414 art 1 s 16
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.