412:10-306 Joint accounts. A member may designate any person or persons to own a share or deposit account with the member in joint tenancy with the right of survivorship, as a tenant in common or under any other form of joint ownership permitted by law, but no co-owner, unless a member in the co-owner's own right, shall be permitted to vote, obtain loans, or hold office or be required to pay a membership fee. [L 1993, c 350, pt of 1]

 

Cross References

 

Multiple-party accounts, see chapter 560, article VI.

 

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