3B:30-5. Designation of beneficiary, registration in beneficiary form
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/nj/title-3b/chapter-30/3b-30-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
5. A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.
L.1995,c.130,s.5.