Article 8. Accounts Of Incompetents of California Financial Code >> Division 2. >> Chapter 5. >> Article 8.
If an association or federal association has received no
written notice and is not on actual notice that the savings account
holder has been adjudicated incompetent, it may pay or deliver funds
to the account holder in accordance with the provisions of the
savings account contract, and the receipt or acquittance of the
holder shall be a sufficient release of that association or federal
association for the payment or delivery.