§412:4-111  Accounts of deceasednonresidents.  A deposit held in a financial institution in the name of aperson who dies while domiciled in another state, the District of Columbia andany territory or possession of the United States, leaving an estate in thisState which exceeds $5,000 in net value, may be paid to the executor,administrator or other personal representative of the decedent appointed by acourt of competent jurisdiction therein.  Upon presentation of letters ofadministration or other documentation purporting to establish the appointmentunder the law of the decedent's domicile, the financial institution may makethe payment without requiring the filing of ancillary proceedings in thisState.  Upon such payment, the financial institution shall be released anddischarged of any further liability to any person with respect to the funds sopaid, and no action at law or equity may be maintained against the financialinstitution for payment made in accordance with this section. [L 1993, c 350, ptof §1]