AZ HB2051

Amends Arizona Revised Statutes Section 6-235 to make a technical correction to the language regarding bank deposits made in multiple names.

Clarifies that deposits made in the names of two or more persons may be paid to any of them or to survivors, with payment applying to "part of" deposits and "on the deposits" rather than the original phrasing "thereof" and "thereon."

Maintains existing law allowing minors to be included as co-depositors on accounts payable to either or any of the persons or their survivors.

Confirms that the receipt or order from the person receiving payment serves as a valid release and discharge for the bank.