Arkansas Statutes
§ 23-35-504 — Joint tenancy in shares and accounts
Arkansas·Title 23
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-35-504 (Joint tenancy in shares and accounts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1971, No. 132, § 21; A.S.A. 1947, § 67-921.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipment