P.O.D. Account
Legal definition for Indian law research
Definition
P.O.D. account
[Payable On Death]
: an account payable on request to an original party or upon the party's death to one or more designated beneficiaries NOTE: A P.O.D. account is one of the few vehicles for the transfer of a decedent's property outside of probate.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.