391.330 Payment on signature of one party. Financial institutions may enter into multiple -party accounts to the same extent that they may enter into single -party accounts. Any multiple -party account may be paid, on request to any one (1) or more of the parties. A financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple -party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions. History: Created 1976 Ky. Ac ts ch. 218, sec. 32.
Kentucky Legal Code