Shared Flashcard Set

Details

Title

BL 367 - Chapter 16

Description

Multiple-Party Accounts

Total Cards

Subject

Law

Level

Undergraduate 3

Created

09/30/2012

Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Law Flashcards

Term

Joint Accounts

Definition

Account payable on the request of one of two or more parties

Term

Agency or convenience account

Definition

Joint account without survivorship rights

Term

Payable-on-Death Accounts

Definition

Payable to a designated person on the death of all original depositors

Term

Trust Account

Definition

Account held in a revocable trust for a beneficiary