6-233

6-233. Adverse claim to bank deposit; court
order required; definitions

A. Notice to a bank of an adverse claim is not sufficient to require the bank to
refuse to honor the order of any person to whose credit the account stands or who has
prior authority on the books of the bank to operate the account, nor is such notice
sufficient to require the bank to recognize the adverse claimant in any respect, unless
the bank is directed to do so by a lawful order of a court in the United States. In the
absence of such court order the bank may refuse to honor the order on the account by any
person.

B. For the purposes of this section:

1. "Adverse claim" means a claim by any person who asserts the right to all or part
of a deposit account to the exclusion of anyone to whose credit the account stands on the
records of the bank. "Adverse claim" also includes conflicting claims of any persons to
the right to operate an account.

2. "Adverse claimant" means any person asserting an adverse claim.