§412:10-306 - Joint accounts.
§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.