§ 5138
48 words·~1 min read·
/ca/probate-code/5138A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Payment” of sums on deposit includes all of the following:
(a)A withdrawal, including payment on check or other directive of a party.
(b)A pledge of sums of deposit.
(c)A setoff, reduction, or other disposition of all or part of an account pursuant to a pledge.