Revised Code of Washington

Wash. Rev. Code § 30A.22.060 (2026)

Requirements of contract of deposit

✓ current as of May 2026

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The contract of deposit shall be in writing and signed by all individuals who have a current right to payment of funds from an account. The designation of an agent, or trust or P.O.D. account beneficiary by a depositor of a joint account without right of survivorship, or the designation of an agent by a depositor of a joint account with right of survivorship or by a depositor of a trust or P.O.D. account does not require the signature of a codepositor. A financial institution may insert such additional terms and conditions in a contract of deposit as it deems appropriate.

[ 1981 c 192 s 6. Formerly RCW 30.22.060.]

Notes of Decisions

Cited in 1 case, 2018–2018 · leading case: In Re The Est. Of Myurlin J. Eussen, Jeffrey Eussen, V Janice Parker (Wash. Ct. App. 2018).

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In Re The Est. Of Myurlin J. Eussen, Jeffrey Eussen, V Janice Parker (Wash. Ct. App. 2018). “He points out that RCW 30A.22.060 requires a “contract of deposit” to be signed by all individuals who have a right to the account funds.”

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