1. (a) The provisions of section 18 of this chapter as to rights of survivorship are determined by the form of the account at the death of a party.

2. (b) The form of an account may be altered by written order given by a party to the financial institution to:

   1. (1) change the form of the account; or
   2. (2) stop or vary payment under the terms of the account.

3. (c) An order or request described in subsection (b) must be:

   1. (1) signed by a party;
   2. (2) received by the financial institution during the party's lifetime; and

   3. (3) not countermanded by another written order of the same party during the party's lifetime.

      [Pre-2002 Recodification Citation: 32-4-1.5-5.]

As added by P.L.2-2002, SEC.2.