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Banking Law

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T

T.A.M.

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What is the name of your state? Tennessee.
If there is a bank account (or cd)with three owners with right of suvival and one owner dies who ownes the account. Per contract it takes only one signature to close the account.
Does both new owners own the account and could one owner cash out and close the account without the other owner knowledge? Would cashing out a cd be treated the same as a , lets say, a checking account.

Where should I go to read the governing laws and rules?
The library is somewhat small but if you would give me directions as what to read I would do just that. Thank You very much
 



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