multiple-party accounts

multiple-party accounts
A multiple-party account is any of the following types of account:
(i) a joint account,
(ii) a P.O.D. account, or
(iii) a trust account.
It does not include accounts established for deposit of funds of a partnership, joint venture, or other association for business purposes, or accounts controlled by one or more persons as the duly authorized agent or trustee for a corporation, unincorporated association, charitable or civic organization or a regular fiduciary or trust account where the relationship is established other than by deposit agreement. Uniform Probate Code, No. 6-101(5)

Black's law dictionary. . 1990.

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