Arkansas Statutes

§ 23-35-504 — Joint tenancy in shares and accounts

Arkansas § 23-35-504

This text of Arkansas § 23-35-504 (Joint tenancy in shares and accounts) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 23-35-504 (2026).

Text

A member may designate any person to hold shares and thrift club accounts with him or her in joint tenancy with the right of survivorship, but no joint tenant, unless a member in his or her own right, shall be permitted to vote, obtain loans, or hold office. Payment of part or all of the joint accounts to any of the joint tenants shall, to the extent of the payment, discharge the liability to all.

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Legislative History

Acts 1971, No. 132, § 21; A.S.A. 1947, § 67-921.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-35-504, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-35-504.