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DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 5. Savings Operations 6600-7154›ARTICLE 8. Accounts of Incompetents 6900-6900

§ 6900

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

If an association or federal association has received no written notice and is not on actual notice that the savings account holder has been adjudicated incompetent, it may pay or deliver funds to the account holder in accordance with the provisions of the savings account contract, and the receipt or acquittance of the holder shall be a sufficient release of that association or federal association for the payment or delivery.

(Amended by Stats. 1984, Ch. 958, Sec. 11.)

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California Financial Code

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