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California Probate Code

§ 5122

PROB § 5122Div. 5 · Part 2 · Ch. 1 · Art. 2

Statute text

View on leginfo.ca.gov
(a)“Account” means a contract of deposit of funds between a depositor and a financial institution, and includes a checking account, savings account, certificate of deposit, share account, and other like arrangement.
(b)“Account” does not include:
(1)An account established for deposit of funds of a partnership, joint venture, or other association for business purposes.
…

Legislative history

Enacted by Stats. 1990, Ch. 79.

Source: California Probate Code § 5122 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.