Sec. 13.33.306. Effect, cancellation, and change of registration in beneficiary form.
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/ak/title-13/chapter-33/13-33-306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 13.33.306. Effect, cancellation, and change of registration in beneficiary form.
The designation of a TOD beneficiary on a registration in beneficiary form does not have an effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.