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Home » US Law » 2021 Oregon Revised Statutes » Volume : 18 - Financial Institutions, Insurance » Title 54 Credit Unions, Lending Institutions and Pawnbrokers » Chapter 723 - Credit Unions » ACCOUNTS » Section 723.486 – Multiple party account; payment of deposit to one or more parties; credit union not required to determine source or use of funds in account.
Credit unions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. For purposes of establishing net contributions a credit union shall not be required to inquire about the source of funds received for deposit to a multiple-party account, or to inquire about the proposed application of any sum withdrawn from an account. [1999 c.185 §31]