The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FROZEN ACCOUNT Definition & Legal Meaning

Definition & Citations:

Bank account legally suspended. No monies can go in or out. Until its legal beneficiary or a heir is appointed, declared, or found, a deceased customer’s account is automatically frozen. Such an account can occur by a court-ordered forfeiture.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.