California Code, FIN 1401.

California Code, FIN 1401.

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Financial Code - FIN

DIVISION 1.1. BANKING [1000 - 1910] Â Â ( Division 1.1 added by Stats. 2011, Ch. 243, Sec. 3. ) Â Â CHAPTER 12. Deposits [1400 - 1440] Â Â ( Chapter 12 added by Stats. 2011, Ch. 243, Sec. 3. ) Â Â

ARTICLE 1. Depositors [1400 - 1415] Â Â ( Article 1 added by Stats. 2011, Ch. 243, Sec. 3. )

  1401.  A bank account by or in the name of a married person shall be held for the exclusive right and benefit of the person, shall be free from the control or lien of any other person except a creditor, and shall be paid to the person or to the order of the person, and payment so made is a valid and sufficient release and discharge to the bank for the deposit or any part thereof. (Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)