Mich. Comp. Laws § 490.55

Current through Public Act 64 of the 2024 Legislative Session
Section 490.55 - Death of party; effect

The death of any party to a multiple-party account shall have no effect on the beneficial ownership of the account, other than to transfer the decedent's right to his estate, unless the account is a survivorship account or trust account, as provided in sections 6 and 7.

MCL 490.55

1968, Act 41, Eff. 11/15/1968 .