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