Ohio Code § 1109.07
Ohio Code § 1109.07. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1109.07.
(A) When a deposit is made in the name of two or more persons, payable to either or the
survivor, the bank may pay all of the deposit, any part of the deposit, or any interest
earned on the deposit, to either of the named persons, or the guardian of the estate
of either of the named persons, whether or not the other person is living. The receipt or acquittance of the person paid is a sufficient release and discharge
of the bank for any payments made from the account to that person. (B) A bank may enter into a written contract with a natural person for the proceeds of
the person's deposits to be payable on the death of that person to another person
or to any entity or organization in accordance with the terms, restrictions, and limitations
set forth in sections 2131.10 and 2131.11 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1109.07
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1109.07?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1109.07 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1109.07 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.