72-6-306. Effect of registration in beneficiary form.
59 words·~1 min read·
/mt/title-72/chapter-6/part-3/72-6-306·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-6-306 . Effect of registration in beneficiary form. The designation of a TOD 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 then-surviving owners without the consent of the beneficiary.