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Georgia Code Title 7. Banking and Finance § 7-1-814

Current as of March 28, 2024 | Updated by Findlaw Staff

The provisions of Code Section 7-1-813 as to rights of survivorship are determined by the form of the account at the death of a party. Once established, the terms of a multiple-party account can be changed only:

(1) By closing the account and reopening it under different terms; or

(2) By presentation to the financial institution of a modification agreement in a form satisfactory to the financial institution and signed by all parties with a present right of withdrawal.

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Cite this article: FindLaw.com - Georgia Code Title 7. Banking and Finance § 7-1-814 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-7-banking-and-finance/ga-code-sect-7-1-814/

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