GEORGIA CODE (Last Updated: August 20, 2013) |
Title 7. BANKING AND FINANCE |
Chapter 1. FINANCIAL INSTITUTIONS |
Article 8. MULTIPLE-PARTY ACCOUNTS |
Section 7-1-817. Financial institution protection -- Payment from joint account after death or disability
Latest version.
- Any sums in a joint account may be paid, on request, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is demanded; but payment may not be made to the personal representative or heirs of a deceased party unless proof of death is presented to the financial institution showing that the decedent was the last surviving party or unless there is no right of survivorship under Code Section 7-1-813.
Code 1933, § 41A-3808, enacted by Ga. L. 1976, p. 1388, § 8.