Revised Code of Washington
Wash. Rev. Code § 30A.22.140 (2026)
Payment of funds to a depositor
✓ current as of May 2026
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Payments of funds on deposit in a single account may be made by a financial institution to or for the depositor regardless of whether the depositor is, in fact, the actual owner of the funds. Payments of funds on deposit in an account having two or more depositors may be made by a financial institution to or for any one or more of the depositors named on the account without regard to the actual ownership of the funds by or between the depositors, and without regard to whether any other depositor or depositors so named are deceased or incompetent at the time the payments are made.
[ 1981 c 192 s 14. Formerly RCW 30.22.140.]
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2025–2025 · leading case: Perednia v. Bank of Am. NA (E.D. Wash. 2025).
Perednia v. Bank of Am. NA (E.D. Wash. 2025). “a financial institution has actual knowledge of the existence of dispute between depositors, beneficiaries, or other persons 16 claiming an interest in funds deposited in an account, all payments made by a financial institution from an account at the request of any 17 depositor…”
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