§412:10-306 - Joint accounts.
§412:10-306 Joint accounts. A membermay designate any person or persons to own a share or deposit account with themember in joint tenancy with the right of survivorship, as a tenant in commonor 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, obtainloans, 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.