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Florida Statute 655.78 | Lawyer Caselaw & Research
F.S. 655.78 Case Law from Google Scholar
Statute is currently reporting as:
Link to State of Florida Official Statute Google Search for Amendments to 655.78

The 2023 Florida Statutes (including Special Session C)

Title XXXVIII
BANKS AND BANKING
Chapter 655
FINANCIAL INSTITUTIONS GENERALLY
View Entire Chapter
F.S. 655.78
655.78 Deposit accounts in two or more names.
(1) Unless otherwise expressly provided in a contract, agreement, or signature card executed in connection with the opening or maintenance of an account, including a certificate of deposit, a deposit account in the names of two or more persons may be paid to, or on the order of, either or any of such persons or to, or on the order of, the guardian of the property of any such person who is incompetent, whether the other or others are competent. The check or other order for payment to any such person or guardian is a valid and sufficient release and discharge of the obligation of the institution for funds transferred thereby.
(2) In the case of a credit union, a member may designate any person or persons to hold deposits with the member in joint tenancy with the right of survivorship; but a joint tenant, unless he or she is a member in his or her own right, may not be permitted to vote, obtain a loan, or hold office or be required to pay an entrance or membership fee.
History.s. 47, ch. 92-303; s. 527, ch. 97-102.

F.S. 655.78 on Google Scholar

F.S. 655.78 on Casetext

Amendments to 655.78


Arrestable Offenses / Crimes under Fla. Stat. 655.78
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 655.78.



Annotations, Discussions, Cases:

Cases from cite.case.law:

COLUMBIA BANK, v. TURBEVILLE, St., 143 So. 3d 964 (Fla. Dist. Ct. App. 2014)

. . . asserts that the Bank had no interest to protect because it was immune from liability pursuant to section 655.78 . . .

SANDLER, v. JAFFE,, 913 So. 2d 1205 (Fla. Dist. Ct. App. 2005)

. . . At trial, appellant improperly relied on section 655.78(1), Florida Statutes (2003), to advance her position . . . Section 655.78(1) provides as follows: Unless otherwise expressly provided in a contract, agreement or . . . The intent of section 655.78(1) is to protect a financial institution from liability for distributing . . .

MULATO, v. MULATO,, 705 So. 2d 57 (Fla. Dist. Ct. App. 1997)

. . . According to section 655.78, the funds in a deposit account in the names of two or more persons may be . . .

L. JONES, a k a v. BARNETT BANK OF VOLUSIA COUNTY,, 670 So. 2d 1195 (Fla. Dist. Ct. App. 1996)

. . . Repealed in 1992 by Ch. 92-303, § 189, at 2422, Laws of Fla., and replaced by § 655.78, Fla.Stat. . . .

In ESTATE OF H. H. HERRING, HERRING, v. A. HENDERSON,, 670 So. 2d 145 (Fla. Dist. Ct. App. 1996)

. . . abridge, impair, or affect the validity, effectiveness, or operation of any of the provisions of ss. 655.78 . . .