Probate Code - PROB
DIVISION 5. NONPROBATE TRANSFERS [5000 - 5705]
( Division 5 enacted by Stats. 1990, Ch. 79. ) PART 2. MULTIPLE-PARTY ACCOUNTS [5100 - 5407]
( Part 2 enacted by Stats. 1990, Ch. 79. ) CHAPTER 1. Short Title and Definitions [5100 - 5152]
( Chapter 1 enacted by Stats. 1990, Ch. 79. ) ARTICLE 2. Definitions [5120 - 5152]
( Article 2 enacted by Stats. 1990, Ch. 79. ) 5138.
“Payment” of sums on deposit includes all of the following:
(a) A withdrawal, including payment on check or other directive of a party.
(b) A pledge of sums of deposit.
(c) A setoff, reduction, or other disposition of all or part of an account pursuant to a pledge.
(Enacted by Stats. 1990, Ch. 79.)