One Click Case Law for § 7-1-814
O.C.G.A. § 7-1-813 <-- --> O.C.G.A. §7-1-815

2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 1 - FINANCIAL INSTITUTIONS
ARTICLE 8 - MULTIPLE-PARTY ACCOUNTS
§ 7-1-814 - Changing terms of account

O.C.G.A. 7-1-814 (2010)
7-1-814. Changing terms of account


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.