§412:10-308  Payable-on-death accounts.  Notwithstanding
any other provision of law, a credit union may establish share and deposit
accounts payable to one or more persons during their lifetimes and on the death
of all of them to one or more payable-on-death payees.  Any transfer to a
payable-on-death payee is effective by reason of the account contract and shall
not be considered to be a testamentary transfer. [L 1993, c 350, pt of §1]