NRS 672.160 - “Multiple-party account” defined.

NV Rev Stat § 672.160 (2019) (N/A)
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1. “Multiple-party account” means:

(a) An account in the name of two or more persons, any one or more of whom may make withdrawals;

(b) An account in the name of one or more persons as trustee for one or more beneficiaries;

(c) An account established for deposit of funds of a partnership, joint venture or other association; or

(d) An account controlled by two or more persons as the duly authorized agents or trustees for a corporation, unincorporated association, charitable or civil organization or any trust, except trusts of deposits evidenced solely by the form of the deposit.

2. At least one party to a multiple-party account shall be a member of the credit union in which the account is established.

(Added to NRS by 1975, 377) — (Substituted in revision for NRS 678.160)