District Of Columbia § 19-602.04 - Forms.
Full text of District Of Columbia D.C. Code § 19-602.04 — Forms., with citation guidance and answers to common questions.
§ 19-602.04. Forms.
19-602.04A contract of deposit that contains provisions in substantially the following form establishes the type of account provided, and the account is governed by the provisions of this subchapter applicable to an account of that type:
“UNIFORM SINGLE-OR MULTIPLE-PARTY ACCOUNT FORM
“PARTIES [Name one or more parties]: ________________
“OWNERSHIP [Select one and initial]:
“________ SINGLE-PARTY ACCOUNT
“________ MULTIPLE-PARTY ACCOUNT
“Parties own account in proportion to net contributions unless there is clear and convincing evidence of a different intent.
“RIGHTS AT DEATH [Select one and initial]:
“________ SINGLE-PARTY ACCOUNT
“At death of party, ownership passes as part of party’s estate.
“________ SINGLE-PARTY ACCOUNT WITH POD (PAY ON DEATH) DESIGNATION
“[Name one or more beneficiaries]:
“At death of party, ownership passes to POD beneficiaries and is not part of party’s estate.
“________ MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP
“At death of party, ownership passes to surviving parties.
“________ MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP AND POD (PAY ON DEATH) DESIGNATION
“[Name one or more beneficiaries]: ________________
“At death of last surviving party, ownership passes to POD beneficiaries and is not part of last surviving party’s estate.
“________ MULTIPLE-PARTY ACCOUNT WITHOUT RIGHT OF SURVIVORSHIP
“At death of party, deceased party’s ownership passes as part of deceased party’s estate. AGENCY (POWER OF ATTORNEY) DESIGNATION [Optional]
“Agents may make account transactions for parties but have no ownership or rights at death unless named as POD beneficiaries.
“[To add agency designation to account, name one or more agents]:
“________________
“[Select one and initial]:
“________ AGENCY DESIGNATION SURVIVES DISABILITY OR INCAPACITY OF PARTIES
“________ AGENCY DESIGNATION TERMINATES ON DISABILITY OR INCAPACITY OF PARTIES”
A contract of deposit that does not contain provisions in substantially the form provided in subsection (a) of this section is governed by the provisions of this subchapter applicable to the type of account that most nearly conforms to the depositor’s intent.
Annotations
Frequently Asked Questions About District Of Columbia § 19-602.04
What does D.C. Code § 19-602.04 cover?
Section 19-602.04 ("Forms.") is part of the D.C. Code, the codified statutory law of District Of Columbia. 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 District Of Columbia § 19-602.04?
A common citation format is "D.C. Code § 19-602.04" (District Of Columbia). 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 District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 19-602.04 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia 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 District Of Columbia.