NRS 111.807
Payments of sums on deposit: Accounts with POD designation.


A financial institution, on request, may pay sums on deposit in an account with a POD designation to:

1.

One or more of the parties, whether or not another party is disabled, incapacitated or deceased when the payment is requested and whether or not a party survives another party;

2.

The beneficiary or beneficiaries, if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as parties; or

3.

The personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account as a party or beneficiary.

Source: Section 111.807 — Payments of sums on deposit: Accounts with POD designation., https://www.­leg.­state.­nv.­us/NRS/NRS-111.­html#NRS111Sec807.

Last Updated

Feb. 3, 2020

§ 111.807’s source at nv​.us