Legal Question in Banking Law in Wisconsin
joint ownership of a checking account
How much money does each party own in a joint owned checking?
Asked on 9/11/08, 9:38 am
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: joint ownership of a checking account
unless shares are defined, all persons jointly holding an account are equal share holders. However, the banks will follow instructions jointly given by the account holders at the time of opening of account or later.
Answered on 9/11/08, 10:55 am
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