DIVISION 5. NONPROBATE TRANSFERS 5000-5705›PART 2. MULTIPLE-PARTY ACCOUNTS 5100-5407›CHAPTER 4. Protection of Financial Institution 5401-5407

§ 5406

California Probate Code · 2026-09 edition · updated 2026-10-03 · California

The provisions of this chapter that apply to the payment of a Totten trust account apply to an account in the name of one or more parties as trustee for one or more other persons if the financial institution has no other or further notice in writing that the account is not a Totten trust account as defined in Section 80.

(Enacted by Stats. 1990, Ch. 79.)

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California Probate Code

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