(6-223) Payment on P.O.D designation
N.D. Cent. Code § 30.1-31-16
in effect30.1-31-16. (6-223) Payment on P.O.D. designation
A financial institution, on request, may pay sums on deposit in an account with a P.O.D.
designation to:
1. One or more of the parties, whether or not another party is disabled, incapacitated, or
deceased when the payment is requested and whether or not a party survives another
party;
2. The beneficiary or beneficiaries, if proof of death is presented to the financial institution
showing that the beneficiary or beneficiaries survived all persons named as parties; or
3. The personal representative, if any, or, if there is none, the heirs or devisees of a
deceased party, if proof of death is presented to the financial institution showing that
the deceased party was the survivor of all other persons named on the account either
as a party or beneficiary.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t30-1c31.pdf#nameddest=30p1-31-16Fetched: 10/16/2026