§ 131w. On the effective date of this subchapter:
(1) An act done before the effective date and any accrued right is not impaired by this subchapter. If a right is acquired, extinguished, or barred on the expiration of a prescribed period of time that has commenced to run by the provisions of any statute before the effective date, the provisions remain in force […]
§ 131x. Severability clause.
If any provision of this subchapter or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this subchapter which can be given effect without the invalid provision or application, and to this end the provisions of this subchapter are severable.
§ 131o. Payment on multiple-party account
A financial institution, on request, may pay sums on deposit in a multiple-party account to: (1) one or more of the parties, whether or not another party is disabled, incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party; or (2) the personal representative, if any, […]
§ 131p. Payment on 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 […]
§ 131q. Payment to designated agent
A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incapacitated, or deceased when the request is made or received, and whether or not the authority of the agent terminates on the […]
§ 131r. Payment to minor
If a financial institution is required or permitted to make payment pursuant to this part to a minor designated as a beneficiary, payment may be made pursuant to the Uniform Transfers to Minors Act.
§ 131s. Discharge
(a) Payment made pursuant to this part in accordance with the terms of the account discharges the financial institution from all claims for amounts so paid, whether or not the payment is consistent with the beneficial ownership of the account as between parties, beneficiaries, or their successors. Payment may be made whether or not a […]
§ 131t. Set-off
Without qualifying any other statutory right to set off or lien and subject to any contractual provision, if a party is indebted to a financial institution, the financial institution has a right to set-off against the account. The amount of the account subject to set-off is the proportion to which the party is, or immediately […]
§ 131u. Uniformity of application and construction
This subchapter must be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this subchapter among jurisdictions enacting it.
§ 131v. Supplementary general principles of law applicable
Unless displaced by the particular provisions of this subchapter, the principles of law and equity supplement its provisions.