Wingate v. Hordge

The sole question presented in the cause at bar is whether the owner of a P.O.D. savings account, opened pursuant to R. C. 2131.10, may designate more than one person as a beneficiary of the account.

Appellant contends that R. C. 2131.10 unambiguously limits depositors of P.O.D. accounts to only one beneficiary for each account. Alternately, appellant asserts that when R. C. 2131.10 is read in context and in pari materia with the interpretive guidelines set forth in R. C. 1.41 through 1.43,1 it becomes evident the words “person” and “beneficiary” as used in the statute include only the…