Section 5113 - [Effective 1/1/2025] Term and termination(a) Unless otherwise provided in the account agreement, a special deposit terminates 5 years after the date the special deposit was first funded.(b) Unless otherwise provided in the account agreement, if the bank cannot identify or locate a beneficiary entitled to payment when the special deposit is terminated, and a balance remains in the special deposit, the bank shall pay the balance to the depositor or depositors as a beneficiary or beneficiaries.(c) A bank that pays the remaining balance as provided under subsection (b) of this section has no further obligation with respect to the special deposit.Added by Laws 2023, ch. 465,s 1, eff. 1/1/2025.