700.6306 Effect of registration in beneficiary form.
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/mi/chapter-700/700-6306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
700.6306 Effect of registration in beneficiary form.
Sec. 6306.
The designation of a TOD beneficiary on a registration in beneficiary form does not affect 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 the surviving owners without the consent of the beneficiary.
History: 1998, Act 386 , Eff. Apr. 1, 2000 ;-- Am. 2000, Act 54 , Eff. Apr. 1, 2000
Popular Name: EPIC