There is a newer version
of
this Statute
2022 Michigan Compiled Laws
Chapter 490 - Credit Unions
Act 41 of 1968 - Credit Union Multiple-Party Accounts (490.51 - 490.65)
AN ACT to regulate credit union multiple-party accounts; and to repeal certain acts and parts of acts.
History: 1968, Act 41, Eff. Nov. 15, 1968
- Section 490.51 - Credit Unions; Multiple-Party Accounts; Definitions.
- Section 490.52 - Presumptions of Ownership; Credit Unions Liability and Set-Off Rights.
- Section 490.53 - Deposit or Shares Paid on Demand.
- Section 490.54 - Equal Undivided Interests.
- Section 490.55 - Death of Party; Effect.
- Section 490.56 - Survivorship Account; Death of Party, Ownership.
- Section 490.57 - Trust Account; Beneficial Ownership; Death of Trustee; Survivorship.
- Section 490.58 - Bases of Presumptions; Evidence to Rebut; Wills.
- Section 490.59 - Effect of Unrebutted Presumptions; Transfers, Effect.
- Section 490.60 - Multiple-Party Accounts; Authority to Enter; Payment; Inquiry; Creation; Joint Tenant, Rights.
- Section 490.61 - Multiple-Party Accounts; Withdrawals; Survivorship Accounts, Proof of Death.
- Section 490.62 - Trust Accounts; Payments.
- Section 490.63 - Payments; Effect; Notice of Change.
- Section 490.64 - Right to Set-Off or Lien.
- Section 490.65 - Repeal.
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.