Section 9703 Of Chapter 3. Deposit Of Money And Personal Property With Financial Institutions From California Probate Code >> Division 7. >> Part 5. >> Chapter 3.
9703
. (a) Upon application of the personal representative, the
court may, with or without notice, order that money or other personal
property be deposited pursuant to Section 9700 or 9701 and be
subject to withdrawal only upon authorization of the court.
(b) The personal representative shall deliver a copy of the court
order to the financial institution or trust company at the time the
deposit is made.
(c) No financial institution or trust company accepting a deposit
pursuant to Section 9700 or 9701 shall be on notice of the existence
of an order that the money or other property is subject to withdrawal
only upon authorization of the court unless it has actual notice of
the order.