655.77 – Deposits by Minors.
655.77 Deposits by minors.—Deposits made by a minor, or made in the minor’s name by other than a court-appointed guardian, may be withdrawn by the minor in the absence of an agreement to the contrary made between the institution and the depositor at the time the account is opened. In case of any such agreement, such […]
655.93 – Definitions for Ss. 655.93-655.94.
655.93 Definitions for ss. 655.93-655.94.—As used in ss. 655.93-655.94, the term: (1) “Lessee” means a person who contracts with a lessor for the use of a safe-deposit box. (2) “Lessor” means a financial institution that rents safe-deposit facilities. (3) “Safe-deposit box” means a safe-deposit box, vault, or other safe-deposit receptacle maintained by a lessor, and the rules relating thereto […]
655.78 – Deposit Accounts in Two or More Names.
655.78 Deposit accounts in two or more names.— (1) Unless otherwise expressly provided in a contract, agreement, or signature card executed in connection with the opening or maintenance of an account, including a certificate of deposit, a deposit account in the names of two or more persons may be paid to, or on the order of, either […]
655.79 – Deposits and Accounts in Two or More Names; Presumption as to Vesting on Death.
655.79 Deposits and accounts in two or more names; presumption as to vesting on death.— (1) Unless otherwise expressly provided in a contract, agreement, or signature card executed in connection with the opening or maintenance of an account, including a certificate of deposit, a deposit account in the names of two or more persons shall be presumed […]
655.80 – Convenience Accounts.
655.80 Convenience accounts.— (1) A convenience account is a deposit account, other than a certificate of deposit, in the name of one individual (principal), in which one or more other individuals have been designated as agents with the right to make deposits to and to withdraw funds from or draw checks on such account. The designation of […]
655.82 – Pay-on-Death Accounts.
655.82 Pay-on-death accounts.— (1) As used in this section: (a) “Account” means a contract of deposit between a depositor and an institution, including, but not limited to, a checking account, savings account, certificate of deposit, and share account. (b) “Beneficiary” means a person named as one to whom sums on deposit in an account are payable on request after […]
655.825 – Deposits in Trust; Applicability of S. 655.82 in Place of Former S. 655.81.
655.825 Deposits in trust; applicability of s. 655.82 in place of former s. 655.81.— (1) Because deposits in trust are also accounts with a pay-on-death designation as described in s. 655.82, it is the intent of the Legislature that the provisions of s. 655.82 shall apply to and govern deposits in trust. References to former s. 655.81 […]
655.83 – Adverse Claim to a Deposit or Fiduciary Account.
655.83 Adverse claim to a deposit or fiduciary account.—Notice to any institution of an adverse claim to a deposit or fiduciary account standing on its books to the credit of any person does not obligate the institution to recognize the adverse claimant unless the adverse claimant also either: (1) Procures a restraining order, injunction, or other appropriate […]
655.84 – Limitations; Statements as Correct.
655.84 Limitations; statements as correct.— (1) Unless written objection thereto has been theretofore delivered by the depositor to the institution, a statement of account rendered by any institution in this state to a depositor, with a description of the amount and type (such as deposit, withdrawal, debit, credit, or any similar designation) of entries to such account, […]
655.85 – Settlement of Checks.
655.85 Settlement of checks.—If a check is forwarded or presented to a financial institution for payment, except when presented by the payee in person, the paying institution or remitting institution shall settle the amount of the check at par, at its option, in money or in exchange drawn on its reserve agent or agents in the […]