Section 23-37-506 - Conflicting claims to accounts

In the event an association is given notice that conflicting claims of whatever kind and nature exist to the ownership or right to withdraw a savings account, the association may, at its option, without liability, withhold paying any withdrawals from the account until it receives a written withdrawal request executed by all the claimants to the savings account.Acts 1963, No. 227, § 39; A.S.A. 1947, § 67-1839.

In the event an association is given notice that conflicting claims of whatever kind and nature exist to the ownership or right to withdraw a savings account, the association may, at its option, without liability, withhold paying any withdrawals from the account until it receives a written withdrawal request executed by all the claimants to the savings account.Acts 1963, No. 227, § 39; A.S.A. 1947, § 67-1839.