1. Multiple-party account means: (a) An account in the name of two or more persons, any one or more of whom may make withdrawals; (b) An account in the name of one or more persons as trustee for one or more beneficiaries; (c) An account established for deposit of funds of a partnership, joint venture or other association; or (d) An account controlled by two or more persons as the duly authorized agents or trustees for a corporation, unincorporated association, charitable or civil organization or any trust, except trusts of deposits evidenced solely by the form of the deposit. 2. At least one party to a multiple-party account shall be a member of the credit union in which the account is established.
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