W. Va. Code R. § 106-17-1

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 106-17-1 - General

1.1. Scope. -- This rule establishes procedures for the notice to holders of joint deposit accounts opened on or after July 1, 1994 regarding their rights and liabilities as to those accounts. In addition, this rule pertains to the treatment of joint deposit accounts in the event of receipt of written notice by a bank from one of their joint deposit account holders informing the bank not to pay, pledge, or encumber the account upon the demand or request of another named party to the joint account.

1.2. Authority. -- W. Va. Code ''31A-4-33 and 31A-2-4(c)(11).

1.3. Filing Date. -- April 5, 1995.

1.4. Effective Date. -- May 5, 1995.

W. Va. Code R. § 106-17-1