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Section 5150 Of Article 2. Definitions From California Probate Code >> Division 5. >> Part 2. >> Chapter 1. >> Article 2.
5150
. "Sums on deposit" means both of the following:
(a) The balance payable on an account, including interest and dividends earned, whether or not included in the current balance.
(b) Any life insurance proceeds added to the account by reason of the death of a party.
(a) The balance payable on an account, including interest and dividends earned, whether or not included in the current balance.
(b) Any life insurance proceeds added to the account by reason of the death of a party.
