Ohio Code § 1733.241
Ohio Code § 1733.241. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1733.241.
(A) When a share, share account, or deposit is made in the name of two or more persons,
payable to either or the survivor, the credit union may pay all of the share, share
account, deposit, any part of the share, share account, deposit, or any interest earned
on the share, share account, or deposit, to either of the named persons, or the guardian
of the estate of either of the named persons, whether or not the other person is living. The receipt or acquittance of the person paid is a sufficient release and discharge
of the credit union for any payments made from the account to that person. (B) A credit union may enter into a written contract with a natural person for the proceeds
of the person's shares, share accounts, or deposits to be payable on the death of
that person to another person or to any entity or organization in accordance with
the terms, restrictions, and limitations set forth in sections 2131.10 and 2131.11 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1733.241
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1733.241?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1733.241 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1733.241 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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