Probate Code section 5138

“Payment” of sums on deposit includes all of the following:

(a)

A withdrawal, including payment on check or other directive of a party.

(b)

A pledge of sums of deposit.

(c)

A setoff, reduction, or other disposition of all or part of an account pursuant to a pledge.

Source: Section 5138, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PROB§ionNum=5138. (updated Jan. 1, 1990; accessed Jun. 29, 2026).

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Up to date

Verified:
Jun. 29, 2026

§ 5138's source at ca.gov

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Location: https://california.public.law/codes/probate_code_section_5138

Original Source: Section 5138, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PROB§ionNum=5138. (last accessed May 12, 2025).