BANKS AND BANKING-GIFTS BY JOINT ACCOUNT

Authors

Abstract

There is much conflict in the cases as to the rights of parties to a joint deposit payable to "A or B" or "A or B or survivor." In the absence of statutes the rights of both A and B and the banks in which such deposits are kept are obscured by a vast divergence of opinion among the courts. As these deposits are common and the matter therefore not without practical interest, it would seem desirable to map out a few of the paths taken by the various jurisdictions. In this note we are concerned entirely with deposits, in one or the other of the above forms, made by A with neither consideration nor contribution from B.

Recommended Citation

BANKS AND BANKING-GIFTS BY JOINT ACCOUNT, 28 Mich. L. Rev. 426 (1930).
Available at: https://repository.law.umich.edu/mlr/vol28/iss4/5