{"code":"PROB","codeName":"Probate Code","section":"5150","citation":"Prob. Code, § 5150","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>“Sums on deposit” means both of the following:</p><p>(a) The balance payable on an account, including interest and dividends earned, whether or not included in the current balance.</p><p>(b) Any life insurance proceeds added to the account by reason of the death of a party.</p>","text":"“Sums on deposit” means both of the following: (a) The balance payable on an account, including interest and dividends earned, whether or not included in the current balance. (b) Any life insurance proceeds added to the account by reason of the death of a party.","otherVersions":[],"url":"https://blackletter.si/probate-code/definitions-5150","source":"California Legislative Information bulk export (pubinfo)"}