Section 393:12 Joint Accounts.

When an account in any building and loan association has been opened in the names of 2 persons payable to either or payable to the survivor, such account together with dividends thereon may be withdrawn by either of said persons whether the other be living or not, and the payment by said bank to either of said persons of the whole or any part of said account upon the demand or request of either of said persons shall discharge the bank for any payment so made.

Source. 1933, 125:1. 1939, 72:13. RL 314:8. 2002, 232:10, eff. Jan. 1, 2003.