Sec. 50. Notice, delivery, acceptance, or consideration not required.
35 words·~1 min read·
/il/chapter-755/act-27/50A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 50. Notice, delivery, acceptance, or consideration not required. A transfer on death instrument is effective without:
(1)notice or delivery to or acceptance by the designated beneficiary during the owner's
life; or
(2)consideration.