30-2728. Payment on multiple-party account.
119 words·~1 min read·
/ne/chapter-30/30-2728A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A financial institution, on request, may pay sums on deposit in a multiple-party account to:
(1)one or more of the parties, whether or not another party is disabled, incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party; or
(2)the personal representative, if any, or, if there is none, the heirs or devisees of a deceased party in accordance with sections 30-24,125 and 30-24,126 if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account either as a party or beneficiary, unless the account is without right of survivorship under section 30-2723 .