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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 490.53: Deposit or shares paid on demand.

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Where this section sits in the code
  1. MI Code
  2. Chapter 490
  3. Act Act-41-of-1968

Sec. 3.

During the lifetime of all parties, a multiple-party account which provides that sums on deposit or in shares may be paid on the demand of either of 2 or more parties is presumed to belong to the parties in proportion to the net contributions by each to the sums on deposit.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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