Oregon § 723.488 Joint account; payment to any party to account; payment to others

Oregon Statutes

§ 723.488 — Joint account; payment to any party to account; payment to others

Oregon § 723.488

Vol.18

Title 54Credit Unions, Lending Institutions and Pawnbrokers

Ch. 723Credit Unions

This text of Oregon § 723.488 (Joint account; payment to any party to account; payment to others) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 723.488 (2026).

Text

Any sums in a joint account may be paid, on request, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is requested. Payment may not be made to the personal representative or heirs of a deceased party unless:

(1)Proof of death is presented to the credit union, showing that the decedent was the last surviving party; or

(2)There is no right of survivorship under ORS 723.480.

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Any sums in a joint account may be paid, on request, to any party without regard to whether any other party is incapacitated or deceased at the time the payment is requested. Payment may not be made to the personal representative or heirs of a deceased party unless:
(1) Proof of death is presented to the credit union, showing that the decedent was the last surviving party; or
(2) There is no right of survivorship under ORS 723.480.