§ 5150

California Probate Code · 2026-10 edition · updated 2026-10-04 · California

“Sums on deposit” means both of the following:

(a) The balance payable on an account, including interest and dividends earned, whether or not included in the current balance.

(b) Any life insurance proceeds added to the account by reason of the death of a party.

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

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California Probate Code

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