Section 28-7-1-20.1 - Issuance of shares; joint tenancy; deposits, investments, and withdrawals by minors(a) Shares may be issued as the bylaws provide. The provisions of IC 28-1-20-6 apply to loans to any borrower and shall inure to the benefit of the credit union. Shares may be issued in a joint tenancy with right of survivorship, but no joint tenant shall be permitted to vote, obtain loans, or hold office, unless the tenant is a member.(b) A credit union may issue shares to and receive deposits from a minor. The minor may withdraw the deposits or shares and any dividends or interest on the deposits or shares. A deposit, investment in a share, or withdrawal under this subsection by a minor is valid and enforceable. The minor is considered an adult with respect to the deposit, investment, or withdrawal.As added by Acts1977 , P.L. 294, SEC.11. Amended by P.L. 263-1995, SEC.18; P.L. 35-2010, SEC.161.