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Earlier editions: 2020-112018-112026-09

DIVISION 5. NONPROBATE TRANSFERS 5000-5705›PART 2. MULTIPLE-PARTY ACCOUNTS 5100-5407›CHAPTER 3. Ownership Between Parties and Their Creditors and Successors 5301-5307

§ 5306

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

For the purposes of this chapter, if an account is expressly described in the deposit agreement as a “tenancy in common” account, no right of survivorship arises from the terms of the account or under Section 5302 unless the terms of the account or deposit agreement expressly provide for survivorship.

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

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