Any transfers resulting from the application of § 29A-6-104 are effective by reason of the account contracts involved and §§ 29A-6-101 to 29A-6-113, inclusive, and are not to be considered as testamentary except to the extent directed by § 29A-6-107.

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Source: SL 1987, ch 208, § 6; SDCL 30-23-48; SL 1995, ch 167, § 172.