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Home / Courts / N.C. Court of Appeals / Contract  –  Joint Security Account – ‘WROS’ – Trusts & Estates (access required)

Contract  –  Joint Security Account – ‘WROS’ – Trusts & Estates (access required)

  The brokerage account form completed by defendant and by plaintiff’s decedent set out seven ownership options for joint accounts. Both defendant and plaintiff’s decedent selected the “Joint tenancy WROS” option. The form satisfies the requirements of G.S. § 41-2.2 by being a “book entry” or writing which “otherwise” indicates “the securities are [jointly] owned with ...

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