1. Regulations
  2. title 12
  3. chapter I
  4. part 157
  5. § 157.15

View all text of Part 157 [§ 157.1 - § 157.20]

§ 157.15 - Who owns a deposit account?

You may treat the holder of record as the account owner, even if you receive contrary notice, until you transfer the account on your records.

AUTHORITY: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).

SOURCE: 76 FR 49025, Aug. 9, 2011, unless otherwise noted.

CITE AS: 12 CFR 157.15