California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 3 — Deposit, Chapter 1 — Deposit in General, Article 2 — Obligations of the Depositary, Section 1828
When a deposit is made in the name of two or more persons, deliverable or payable to either or to their survivor or survivors, such deposit or any part thereof, or increase thereof, may be delivered or paid to either of said persons or to the survivor or survivors in due course of business.
Notes
Allows a deposit made in the names of two or more persons, when payable or deliverable to either person or to survivors, to be paid or delivered in due course of business to either named person or the survivor or survivors. Extends that authority to any part of the deposit and to any increase in the deposit.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1828 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-3/chapter-1/article-2/section-1828