State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_53 > GS_53-146

Article12.

Joint Deposits.

§ 53‑146.  Deposits intwo names.

When a deposit has been or ishereafter made in any bank, trust company, banking and trust company, or anyother institution transacting business in this State, in the names of twopersons, payable to either, or payable to either or the survivor, all or anypart of the deposit, or any interest or dividend thereon, may be paid to eitherof said persons, whether the other is living or not; and the receipt oracquittance of the person so paid is a valid and sufficient discharge to thebank for payment so made. (1917, c. 243, s. 1; C.S.,  s. 230.)