14-6221. Financial institutions; types of
accounts


A. A financial institution may enter into a contract of deposit for a multiple
party account to the same extent it may enter into a contract of deposit for a single
party account and may provide for a pay on death designation and an agency designation in
either a single party account or a multiple party account.


B. A financial institution need not inquire as to the source of a deposit to an
account or as to the proposed application of a payment from an account.