711.509 Nontestamentary transfer on death.
64 words·~1 min read·
/fl/title-xl/chapter-711/711-509A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and ss. 711.50 - 711.512 and is not testamentary.
(2)Sections 711.50 - 711.512 do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.