§ 14201. Deposit powers
§ 14201. Deposit powers (a) Applicability. This subchapter governs deposits or accounts in financial institutions. (b) General deposit powers. (1) A financial institution may receive money on deposit and may establish the terms and conditions of each deposit contract. A financial institution may receive demand deposits subject to withdrawal or to payment upon the depositor’s […]
§ 14202. Payment of deposits to administrators from another state or country
§ 14202. Payment of deposits to administrators from another state or country (a) When a deposit is made in a financial institution by a person residing in another state or country, the deposit, or any part thereof, with the interest thereon, may be paid to the administrator or executor appointed in the state or country […]