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23-35-504. Joint tenancy in shares and accounts.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-35-504. Joint tenancy in shares and accounts.
A member may designate any person to hold shares and thrift club accounts with him or her in joint tenancy with the right of survivorship, but no joint tenant, unless a member in his or her own right, shall be permitted to vote, obtain loans, or hold office. Payment of part or all of the joint accounts to any of the joint tenants shall, to the extent of the payment, discharge the liability to all.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-35-504
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-35-504
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 6bef82d643553cd4f03e89631bad6095faa19dc39efcc8e9f2e8b0ee6c62ce9b
Source location: content.xml paragraph 16610
Stored source content
23-35-504. Joint tenancy in shares and accounts.
A member may designate any person to hold shares and thrift club accounts with him or her in joint tenancy with the right of survivorship, but no joint tenant, unless a member in his or her own right, shall be permitted to vote, obtain loans, or hold office. Payment of part or all of the joint accounts to any of the joint tenants shall, to the extent of the payment, discharge the liability to all.
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