The provisions of ORS 723.478, 723.480 and 723.482 concerning beneficial ownership between parties or between parties and P.O.D. payees or beneficiaries of multiple-party accounts are relevant only to controversies between those persons and their creditors and other successors, and have no bearing on the power of withdrawal of those persons as determined by the terms of account contracts. The provisions of ORS 723.486 to 723.496 govern the liability of credit unions that make payments pursuant thereto, and their setoff rights. [1999 c.185 §26]
Section: Previous 723.463 723.464 723.466 723.468 723.470 723.472 723.474 723.476 723.478 723.480 723.482 723.484 723.486 723.488 723.490 NextLast modified: August 7, 2008