2013 House Bill 5031

Require financial institution joint account customer disclosures

Introduced in the House

Oct. 1, 2013

Introduced by Rep. Tom Cochran (D-67)

To require savings banks to disclose to individuals opening a joint account the particular characteristics of these accounts, including what happens when one account owner dies, and the fact that each account owner has the right to remove money from the account.

Referred to the Committee on Financial Services