Section 5-24-14 Accounts and transfers nontestamentary. - Alabama Statutes

Section 5-24-14

Accounts and transfers nontestamentary.

Except as a consequence of, and to the extent directed by, Section 5-24-15, a transfer resulting from the application of Section 5-24-12 is effective by reason of the terms of the account involved and this chapter and is not testamentary or subject to estate administration.

(Acts 1997, No. 97-644, p. 1177, §1.)