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. ) 5140.
“P.O.D. account” means any of the following:
(a) An account payable on request to one person during the person’s lifetime and on the person’s death to one or more P.O.D. payees.
(b) An account payable on request to one or more persons during their lifetimes and on the death of all of them to one or more P.O.D. payees.
(Enacted by Stats. 1990, Ch. 79.)