45-6-224. Payment to designated agent.
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/nm/chapter-45-uniform-probate-code/article-6-nonprobate-transfers/45-6-224·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incapacitated or deceased when the request is made or received, and whether or not the authority of the agent terminates on the disability or incapacity of a party.
History: 1978 Comp., § 45-6-224, enacted by Laws 1992, ch. 66, § 33.