§ 5108. Property interest of depositor or beneficiary.
60 words·~1 min read·
/de/title-5/chapter-51-uniform-special-deposits-act/5108·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Neither a depositor nor a beneficiary has a property interest in a special deposit.
(b)Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.