Oregon Statutes - Chapter 723 - Credit Unions - Section 723.490 - P.O.D. account; payment to any original party; payment to others.

Any P.O.D. account may be paid, on request, to any original party to the account. Payment may be made, on request, to the P.O.D. payee or to the personal representative or heirs of a deceased P.O.D. payee upon presentation to the credit union of proof of death showing that the P.O.D. payee survived all persons named as original parties. Payment may be made to the personal representative or heirs of a deceased original party if proof of death is presented to the credit union showing that the decedent was the survivor of all other persons named on the account either as an original party or as a P.O.D. payee. [1999 c.185 §33]

Section:  Previous  723.476  723.478  723.480  723.482  723.484  723.486  723.488  723.490  723.492  723.494  723.496  723.498  723.502  723.506  723.510  Next

Last modified: August 7, 2008