Arkansas Statutes

§ 23-37-506 — Conflicting claims to accounts

Arkansas·Title 23
In the event an association is given notice that conflicting claims of whatever kind and nature exist to the ownership or right to withdraw a savings account, the association may, at its option, without liability, withhold paying any withdrawals from the account until it receives a written withdrawal request executed by all the claimants to the savings account.

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Legislative History

Acts 1963, No. 227, § 39; A.S.A. 1947, § 67-1839.

Nearby Sections

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