AZ SB1164

Amends Arizona Revised Statutes section 6-235 to make a technical correction to the language governing bank deposits held in multiple names.

Clarifies that deposits made in the names of two or more persons can be paid to any of those persons or to survivors, with interest paid on the deposits.

Changes the phrase "thereof and any interest thereon" to "of and any interest on the deposits" for improved grammatical clarity.

Confirms that payment to any one person named on the account serves as valid discharge to the bank, regardless of whether other account holders are living.