12 CFR § 157.15Chapter I
§ 157.15 Who owns a deposit account?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
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.
eCFR data current as of: June 10, 2026
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.