2006 Michigan Compiled Laws - Mich. Comp. Laws § 490.53 Deposit or shares paid on demand.
Act 41 of 1968 490.53 Deposit or shares paid on demand. Sec. 3. During the lifetime of all parties, a multiple-party account which provides that sums on deposit or in shares may be paid on the demand of either of 2 or more parties is presumed to belong to the parties in proportion to the net contributions by each to the sums on deposit.
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