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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Taylor v. Burke, 69 Mass. App. Ct. 77 (2007)

Citation
Taylor v. Burke, 69 Mass. App. Ct. 77 (2007)
Parent Document
Taylor v. Burke, 69 Mass. App. Ct. 77 (2007)
Jurisdiction
Massachusetts (state)
Effective Date
2007-05-17

Full Text

675 chars
It is worthy of note that, although most case law dealing with State situs of accounts relates to issues surrounding jointly held accounts, see, e.g., White v. Toney, 37 Ark. App. 36, 40 (1992), the Florida statute, supra, is not limited in application to joint accounts but purports to govern all deposits made in Florida. With the growth in national banks, and the ease and popularity of travel and residence in Florida, it is not beyond imagination that a landlord might attempt to deposit the tenant’s security deposit in the Florida branch of a national bank that has branches in Massachusetts as well, thus conceivably putting the deposit under the rule of Florida law.