Oregon Code § 723.488·Enacted ·Last updated March 01, 2026
Statute Text
Joint
account; payment to any party to account; payment to others.
Any sums in a joint account may be
paid, on request, to any party without regard to whether any other party is
incapacitated or deceased at the time the payment is requested. Payment may not
be made to the personal representative or heirs of a deceased party unless:
(1) Proof of
death is presented to the credit union, showing that the decedent was the last
surviving party; or
(2) There is no
right of survivorship under ORS 723.480. [1999 c.185 §32]
Plain English Explanation
This Oregon statute addresses Joint
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 723.488
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Joint
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 723.488. Use this format in legal documents and court filings.
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