Colombian Commercial Code - Decree 410 of 1971 - Book IV - Of Contracts and Corporate Obligations - Title XVII - Of the Bank Agreements - Chapter III - Deposit Savings - From: Section 1396 to: 1398 Art
CHAPTER III Savings Deposit Section 1396 .- Deposits received on savings account will be represented in an appropriate document needed to reflect the movement of the account. The records made in the document by the bank will be full evidence of their movement. Section 1397 .- of deposits in savings account, the name of two or more people may have any of them, unless otherwise agreed with the lending institution. Section 1398 .- A bank is responsible for the repayment of sums deposited that causes a person other than the account holder or their agent.