ORS 723.486: Multiple party account; payment of deposit to one or more parties; credit union not required to determine source or use of funds in account.
Where this section sits in the code
- 18 - Financial Institutions, Insurance
- 54. Credit Unions, Lending Institutions and Pawnbrokers
- Chapter 723 — Credit Unions
Credit unions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. For purposes of establishing net contributions a credit union shall not be required to inquire about the source of funds received for deposit to a multiple-party account, or to inquire about the proposed application of any sum withdrawn from an account.
Collected 2026-09-03T23:50:17Z. Source file · JSON