{"code":"PROB","codeName":"Probate Code","section":"5122","citation":"Prob. Code, § 5122","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 5. NONPROBATE TRANSFERS [5000. - 5705.]","url":"https://blackletter.si/probate-code/division-5"},{"name":"PART 2. MULTIPLE-PARTY ACCOUNTS [5100. - 5407.]","url":"https://blackletter.si/probate-code/division-5/part-2"},{"name":"CHAPTER 1. Short Title and Definitions [5100. - 5152.]","url":"https://blackletter.si/probate-code/division-5/part-2/chapter-1"},{"name":"ARTICLE 2. Definitions [5120. - 5152.]","url":"https://blackletter.si/probate-code/division-5/part-2/chapter-1/article-2"}],"history":"Enacted by Stats. 1990, Ch. 79.","effective":null,"html":"<p>(a) “Account” means a contract of deposit of funds between a depositor and a financial institution, and includes a checking account, savings account, certificate of deposit, share account, and other like arrangement.</p><p>(b) “Account” does not include:</p><p>(1) An account established for deposit of funds of a partnership, joint venture, or other association for business purposes.</p><p>(2) An account controlled by one or more persons as the duly authorized agent or trustee for a corporation, unincorporated association, or charitable or civic organization.</p><p>(3) A regular fiduciary or trust account where the relationship is established other than by deposit agreement.</p><p>(4) An account established for the deposit of funds of the estate of a ward, conservatee, or decedent.</p>","text":"(a) “Account” means a contract of deposit of funds between a depositor and a financial institution, and includes a checking account, savings account, certificate of deposit, share account, and other like arrangement. (b) “Account” does not include: (1) An account established for deposit of funds of a partnership, joint venture, or other association for business purposes. (2) An account controlled by one or more persons as the duly authorized agent or trustee for a corporation, unincorporated association, or charitable or civic organization. (3) A regular fiduciary or trust account where the relationship is established other than by deposit agreement. (4) An account established for the deposit of funds of the estate of a ward, conservatee, or decedent.","otherVersions":[],"url":"https://blackletter.si/probate-code/definitions-5122","source":"California Legislative Information bulk export (pubinfo)"}