Kentucky Revised Statutes

Ky. Rev. Stat. § 391.330 (2026)

Payment on signature of one party

✓ current as of May 2026

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Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request to any one (1) or more of the parties. A financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions. History: Created 1976 Ky. Acts ch. 218, sec. 32.

Notes of Decisions

Cited in 2 cases, 1987–1995 · leading case: Pulliam v. Pulliam, 738 S.W.2d 846 (Ky. Ct. App. 1987).

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Pulliam v. Pulliam, 738 S.W.2d 846 (Ky. Ct. App. 1987). “KRS 391.330 allows a financial institution to pay “[a]ny multiple-party account .”

Farmers Bank & Trust Co. v. Brazell, 902 S.W.2d 830 (Ky. Ct. App. 1995). “KRS 391.330, headed Payment on signature of one party, provides that: Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts.”

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