17:12B-103. Pledge of account to association
61 words·~1 min read·
/nj/title-17/chapter-12b/17-12b-103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The pledge to any association of such an account, signed by that person or those persons who are authorized in writing to make withdrawals from the account shall be a valid pledge and transfer to the association of the account, and shall not operate to sever or terminate the joint and survivorship ownership of the account.
L.1963, c. 144, s. 103.