69G-20.0029. Survivorship Accounts Reported by a Financial Institution

(1) In the absence of evidence to the contrary, an unclaimed demand, savings, or checking account from a financial institution as defined in section 655.005, F.S., reported to the Department as an “and” account or as an “or” account, or otherwise reported in the name of two or more persons shall be treated as a survivorship account notwithstanding rule 69G-20.0028, F.A.C. (2) This rule relates to proving entitlement pursuant to section 717.126, F.S., and shall not be interpreted as affecting any private cause of action that one account holder may have against a joint account holder.