Common use of Multiple-Party Account with Right of Survivorship Clause in Contracts

Multiple-Party Account with Right of Survivorship. The parties to the Account own the Account in proportion to the parties' net contributions to the Account. The Credit Union may pay any sum in the Account to a party at any time. On the death of a party, the party's ownership of the Account passes to the surviving parties. Multiple-Party Account With Right Of Survivorship And "P.O.D." (Payable On Death) Designation The parties to the Account own the Account in proportion to the parties' net contributions to the Account. The Credit Union may pay any sum in the Account to a party at any time. On the death of the last surviving party, the ownership of the Account passes to the P.O.D. beneficiaries.

Multiple-Party Account with Right of Survivorship. The parties to the Account own the Account in proportion to the parties' ’ net contributions to the Account. The Credit Union may pay any sum in the Account to a party at any time. On the death of a party, the party's ’s ownership of the Account passes to the surviving parties. Multiple-Party Account With Right Of Survivorship And "P.O.D." (Payable On Death) Designation The parties to the Account own the Account in proportion to the parties' ’ net contributions to the Account. The Credit Union may pay any sum in the Account to a party at any time. On the death of the last surviving party, the ownership of the Account passes to the P.O.D. beneficiaries.

Multiple-Party Account with Right of Survivorship. The parties to the Account account own the Account account in proportion to the parties' ’ net contributions to the Accountaccount. The Credit Union financial institution may pay any sum in the Account account to a party at any time. On the death of a party, the party's ’s ownership of the Account account passes to the surviving parties. Multiple-Party Account With Right Of of Survivorship And and "P.O.D." (Payable On on Death) Designation Designation. The parties to the Account account own the Account account in proportion to the parties' ’ net contributions to the Accountaccount. The Credit Union financial institution may pay any sum in the Account account to a party at any time. On the death of the last surviving party, the ownership of the Account account passes to the P.O.D. beneficiaries.