633D.7 Effect of registration in beneficiary form.
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/ia/chapter-633d-transfer-on-death-security-registration/633d-7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The designation of a transfer on death or pay on death beneficiary on a registration in beneficiary form has no 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 surviving owners without the consent of the beneficiary.
CS97, §633.806
CS2005, §633D.7