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Mich. Comp. Laws § 490.58

Bases of presumptions; evidence to rebut; wills

Applied in 1 court decision — leading case In Re Hess (2011)

Most recently applied in In Re Hess (August 2011)

1968, Act 41, Eff

Sec. 8. The presumptions stated herein are based upon inferences of the intention of parties to multiple-party accounts arising from the form of the account and the usual expectations of people using these accounts. The presumptions are rebuttable by clear and convincing evidence of a different intention. The presumptions of survivorship are not subject to change by will but may be rebutted by a written order received by the credit union to change the form of account or directing that payment not be made in accordance with the account which is signed by a party and is received by the credit union during the party's lifetime.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.