Current through 2024 Legislative Session Act Chapter 510
Section 5108 - [Effective 1/1/2025] Property interest of depositor or beneficiary(a) Neither a depositor nor a beneficiary has a property interest in a special deposit.(b) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.Added by Laws 2023, ch. 465,s 1, eff. 1/1/2025.