Indiana § 32-17-11-19 Rights of survivorship

Indiana Statutes

§ 32-17-11-19 — Rights of survivorship

Indiana·Title 32 PROPERTY·Art. 17 INTERESTS IN PROPERTY·Ch. 11 Multiple Party Accounts

(a)The provisions of section 18 of this chapter as to rights of survivorship are determined by the form of the account at the death of a party.

(b)The form of an account may be altered by written order given by a party to the financial institution to:

(1)change the form of the account; or

(2)stop or vary payment under the terms of the account.

(c)An order or request described in subsection (b) must be:

(1)signed by a party;

(2)received by the financial institution during the party's lifetime; and

(3)not countermanded by another written order of the same party during the party's lifetime. [Pre-2002 Recodification Citation: 32-4-1.5-5.]

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(a) The provisions of section 18 of this
chapter as to rights of survivorship are determined by the form of the
account at the death of a party.
(b) The form of an account may be altered by written order given by
a party to the financial institution to:
(1) change the form of the account; or
(2) stop or vary payment under the terms of the account.
(c) An order or request described in subsection (b) must be:
(1) signed by a party;
(2) received by the financial institution during the party's lifetime;
and
(3) not countermanded by another written order of the same party
during the party's lifetime.
[Pre-2002 Recodification Citation: 32-4-1.5-5.]

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