Section 6750 Of Article 5. Married Persons And Minors From California Financial Code >> Division 2. >> Chapter 5. >> Article 5.
6750
. Except as otherwise expressly provided in this article, an
association or federal association may issue savings accounts to any
married person or minor as the sole and absolute owner of the
account, and receive payments by or for the owner, and pay
withdrawals, accept pledges to the association, and act in any other
manner with respect to the accounts on the order of a married person
or minor. A married person or minor may establish a trust under
Sections 401 and 408 of the Internal Revenue Code of 1986, as
amended, and an association or federal association may issue savings
accounts to the trust.