Deutsch, Larrimore & Farnish, P.C. v. Joyce & William Johnson

CONCURRING OPINION

Justice SAYLOR.

In my view, the scope of the terms “account” and “financial institution” under Section 6301 of the Multiple-Party Accounts Act, 20 Pa.C.S. § 6301, must be assessed in light of both the open-ended statutory definitions and, as important, the evolving nature of financial services. Concerning the brokerage account, I do not believe that it is necessary to characterize it as akin to a “share account” to fall within the statutory definition, particularly since the latter is generally employed to denote a specific arrangement in the context of a credit union or…