Logan v. Citizens Nat. Bank of Opp
Supreme Court of Alabama
1Opinion of the Court
Jenkins Logan (Jenkins) appeals from a final judgment in favor of the plaintiff, Citizens National Bank of Opp, entered after an ore tenus hearing in an action to recover money paid to Jenkins pursuant to a certificate of deposit. We reverse and remand.
The issue presented by this appeal is whether the designation of a beneficiary to receive the proceeds of a payable-on-death certificate of deposit is a testamentary act which is void for failure to comply with the Probate Code, Code of Alabama (1975), § 43-8-131.1
Ed Logan (Ed) made an original deposit of $7,951.95 on September 3, 1976, in the…
2Cases cited10 opinions
- Food Service Distributors, Inc. v. BarberSupreme Court of Alabama · 1983
- Virginia National Bank v. HarrisSupreme Court of Virginia · 1979
- Peoples Bank v. BaxterCourt of Appeals of Tennessee · 1956
- Merchants & Planters Bank v. MyersCourt of Appeals of Tennessee · 1982
- Security Ins. Co. of Hartford v. SmithSupreme Court of Alabama · 1978
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3Cited by6 opinions
- Graham v. Malone Freight Lines, Inc.District Court, D. Massachusetts · 1996
- SOUTHERN HOUSING PART., INC. v. Stowers Management Co.Supreme Court of Alabama · 1986
- Walls v. Bank of PrattvilleSupreme Court of Alabama · 1991
- Peppertree Apts., Ltd. v. Peppertree Apts.Supreme Court of Alabama · 1993
- Utilities Board of Tuskegee v. Town of NotasulgaSupreme Court of Alabama · 1988
1 more not listed; retrieve them via the Exa API.