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FEATURES OF A JOINT ACCOUNT

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1FEATURES OF A JOINT ACCOUNT Empty FEATURES OF A JOINT ACCOUNT Sat Sep 20, 2008 11:29 pm

barrister

barrister
Reclusion Perpetua

1. It may be contracted orally or in writing.
2. No common name can be adopted.
3. Only one member is ostensible and can sue or be sued. The others are silent.
4. No common fund.
(Articles 240-242, Code of Commerce)

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