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California Probate Code

§ 5306

PROB § 5306Div. 5 · Part 2 · Ch. 3
For the purposes of this chapter, if an account is expressly described in the deposit agreement as a “tenancy in common” account, no right of survivorship arises from the terms of the account or under Section 5302 unless the terms of the account or deposit agreement expressly provide for survivorship.

Legislative history

Enacted by Stats. 1990, Ch. 79.

Source: California Probate Code § 5306 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.