Sec. 5. The death of any party to a multiple-party account shall have no effect on the beneficial ownership of the account, other than to transfer the decedent's right to his estate, unless the account is a survivorship account or trust account, as provided in sections 6 and 7.
Death of party; effect.
Mich. Comp. Laws § 490.55, under CREDIT UNION MULTIPLE-PARTY ACCOUNTS.
Mich. Comp. Laws § 490.55