Right of Survivorship. If your account is a joint account, the account is owned as a joint account with right of survivorship unless otherwise stated on the Signature Card. If the account is a joint account without right of survivorship, the interest of a deceased owner will pass to the decedent’s estate. If the account is a joint account with right of survivorship, upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owner(s).
Appears in 4 contracts
Samples: Oregon Community Credit Union Membership and Account Agreement, Oregon Community Credit Union Membership and Account Agreement, Oregon Community Credit Union Membership and Account Agreement