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Alaska Statutes.

Title 13. Estates, Guardianships, Transfers, Trusts.

Chapter 33. Nonprobate Transfers

Section 204. Forms.

AS 13.33.204. Forms.

(a) A contract of deposit that contains provisions in substantially the following form establishes the type of account provided, and the account is governed by the provisions of AS 13.33.201 - 13.33.227 applicable to an account of that type:

UNIFORM SINGLE- OR MULTIPLE-PARTY ACCOUNT FORM PARTIES

(Name one or more parties): ___________________________________ ______________________________

OWNERSHIP (Select one and initial):                                    

________ SINGLE-PARTY ACCOUNT                                          

________ MULTIPLE-PARTY ACCOUNT                                        

Parties own the account in proportion to net contributions unless there

is clear and convincing evidence of a different intent.                

RIGHTS AT DEATH (Select one and initial):                              

________ SINGLE-PARTY ACCOUNT                                          

At death of party, ownership passes as part of party's estate.         

________ SINGLE-PARTY ACCOUNT WITH POD (PAY ON DEATH) DESIGNATION      

(Name one or more beneficiaries):                                      

___________________________________ _______________________________

At death of party, ownership passes to POD beneficiaries and is not

 part of party's estate.                                               

________ MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP             

At death of party, ownership passes to surviving parties.              

________ MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP AND POD (PAY

ON DEATH) DESIGNATION                                                  

(Name one or more beneficiaries):                                      

___________________________________ _______________________________

At death of last surviving party, ownership passes to POD beneficiaries

and is not part of last surviving party's estate.                      

________ MULTIPLE-PARTY ACCOUNT WITHOUT RIGHT OF SURVIVORSHIP          

At death of party, deceased party's ownership passes as part of

 deceased party's estate.                                              

AGENCY (POWER OF ATTORNEY) DESIGNATION (Optional)                      

Agents may make account transactions for parties but do not have       

ownership or rights at death unless named as POD beneficiaries. (To add

agency designation to account, name one or more agents):               

___________________________________ _______________________________

(Select one and initial):                                              

________ AGENCY DESIGNATION SURVIVES DISABILITY OR INCAPACITY OF

 PARTIES                                                               

________ AGENCY DESIGNATION TERMINATES ON DISABILITY OR INCAPACITY OF

PARTIES.                                                               

(b) A contract of deposit that does not contain provisions in substantially the form provided in (a) of this section is governed by the provisions of AS 13.33.201 - 13.33.227 applicable to the type of account that most nearly conforms to the depositor's intent.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005