Ohio Statutes
§ 1733.241 — Payment on joint account - contract for payment on death
Ohio § 1733.241
This text of Ohio § 1733.241 (Payment on joint account - contract for payment on death) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 1733.241 (2026).
Text
(A)When a share, share account, or deposit is made in the name of two or more persons, payable to either or the survivor, the credit union may pay all of the share, share account, deposit, any part of the share, share account, deposit, or any interest earned on the share, share account, or deposit, to either of the named persons, or the guardian of the estate of either of the named persons, whether or not the other person is living. The receipt or acquittance of the person paid is a sufficient release and discharge of the credit union for any payments made from the account to that person.
(B)A credit union may enter into a written contract with a natural person for the proceeds of the person's shares, share accounts, or deposits to be payable on the death of that person to
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Effective: September 11, 2008 | Latest Legislation: Senate Bill 247 - 127th General Assembly
Nearby Sections
15
§ 1733.01
Credit union definitions§ 1733.02
Purpose of chapter§ 1733.03
Purpose of credit union§ 1733.04
Authority of credit union§ 1733.042
Posting notice of insurance§ 1733.05
Membership§ 1733.051
Grounds for termination of services§ 1733.06
Statutory agent§ 1733.07
Forming a credit union§ 1733.09
Meeting of incorporators§ 1733.11
Action taken without meeting§ 1733.12
Annual meetingCite This Page — Counsel Stack
Bluebook (online)
Ohio § 1733.241, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1733.241.