Arizona § 14-6221 - Financial institutions; types of accounts

Full text of Arizona Arizona Revised Statutes § 14-6221 — Financial institutions; types of accounts, with citation guidance and answers to common questions.

§ 14-6221. Financial institutions; types of accounts

A. A financial institution may enter into a contract of deposit for a multiple party account to the same extent it may enter into a contract of deposit for a single party account and may provide for a pay on death designation and an agency designation in either a single party account or a multiple party account.

B. A financial institution need not inquire as to the source of a deposit to an account or as to the proposed application of a payment from an account.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 14-6221

What does Arizona Revised Statutes § 14-6221 cover?

Section 14-6221 ("Financial institutions; types of accounts") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Arizona § 14-6221?

A common citation format is "Arizona Revised Statutes § 14-6221" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Arizona law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.

How does Arizona § 14-6221 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.