Q: If I’m the secondary account holder/shared account holder for a bank account do I have equal rights to the funds?
It’s a holy rosary credit union account if that helps
A: You need the Terms & Conditions given at the time of account opening (or the latest published version, usually available at branch locations for customers that request it.) Some banks may have it online for download, especially if you have online banking. The account may read "A or B" or A and B". the Terms and Conditions would specify the rights of each account holder in a joint or multi-party account. Usually joint account holders (be it "and" or "or" between the names) have equal rights to the funds, but it is best to review the Terms and Conditions on the account. If they Terms and Conditions refer you to local law, then you should contact an attorney that can provide you with legal advice based on New Hampshire law. Before talking to an attorney, make sure to obtain a copy of the Terms and Conditions on the account, as well as a copy of the account application, or at least the signature card (which should reflect the title in the account.)
My response provides only general information and is not intended to provide you with specific legal advice, nor create an attorney-client relationship. You should not use or rely on this information without first consulting with your own lawyer and discussing your specific facts and available options in detail.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.