2013 Nevada Revised Statutes
Chapter 678 - Credit Unions
NRS 678.160 - Multiple-party account defined.


NV Rev Stat § 678.160 (2013) What's This?

1. Multiple-party account means:

(a) An account in the name of two or more persons, any one or more of whom may make withdrawals;

(b) An account in the name of one or more persons as trustee for one or more beneficiaries;

(c) An account established for deposit of funds of a partnership, joint venture or other association; or

(d) An account controlled by two or more persons as the duly authorized agents or trustees for a corporation, unincorporated association, charitable or civil organization or any trust, except trusts of deposits evidenced solely by the form of the deposit.

2. At least one party to a multiple-party account shall be a member of the credit union in which the account is established.

(Added to NRS by 1975, 377)

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