A person may subscribe for, own, hold, withdraw, transfer, give, pledge, borrow upon, receive interest and dividends from, and surrender shares or savings accounts in associations registered in such person's name and the receipt or acquittance of such person shall be a valid and sufficient release and discharge of the association for the payment or delivery so made.
R.S. 6:764 active rs title
Authority relative to shares and savings accounts ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1970, No. 234, §1
- amendment Acts 1977, No. 337, §1
- amendment Acts 1983, No. 675, §1