Rights of survivorship
Sec. 19. (a) The provisions of section 18 of this chapter as to
rights of survivorship are determined by the form of the account at
the death of a party.
(b) The form of an account may be altered by written order given
by a party to the financial institution to:
(1) change the form of the account; or
(2) stop or vary payment under the terms of the account.
(c) An order or request described in subsection (b) must be:
(1) signed by a party;
(2) received by the financial institution during the party's
lifetime; and
(3) not countermanded by another written order of the same
party during the party's lifetime.
As added by P.L.2-2002, SEC.2.
Last modified: May 24, 2006