Utah Code 75-6-106. Accounts and transfers nontestamentary
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Terms Used In Utah Code 75-6-106
- Account: means a contract of deposit of funds between a depositor and a financial institution and includes:(1)(a) a checking account;(1)(b) a savings account;(1)(c) a certificate of deposit;(1)(d) a share account; and(1)(e) other like arrangement. See Utah Code 75-6-101
- Application: means a written request to the registrar for an order of informal probate or appointment under Chapter 3, Part 3, Informal Probate and Appointment Proceedings. See Utah Code 75-1-201 v2
- Intestate: Dying without leaving a will.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Probate: Proving a will
- Statute: A law passed by a legislature.
Any transfers resulting from the application of Section
75-6-104 are effective by reason of the account contracts involved and this statute and are not to be considered as testamentary or subject toChapter 1, General Provisions, Definitions, and Probate Jurisdiction of Court ,Chapter 2, Intestate Succession and Wills ,Chapter 3, Probate of Wills and Administration , andChapter 4, Foreign Personal Representatives – Ancillary Administration , except as provided in Sections75-2-201 through75-2-214 , and except as a consequence of, and to the extent directed by, Sections75-6-107 and75-3-916 .