Financial Code section 1401

A bank account by or in the name of a married person shall be held for the exclusive right and benefit of the person, shall be free from the control or lien of any other person except a creditor, and shall be paid to the person or to the order of the person, and payment so made is a valid and sufficient release and discharge to the bank for the deposit or any part thereof.

Source: Section 1401, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1401. (updated Jan. 1, 2012; accessed Jun. 30, 2025).

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Up to date

Verified:
Jun. 30, 2025

§ 1401's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_1401

Original Source: Section 1401, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1401. (last accessed May 12, 2025).