Code · New Jersey · Title 3B — Administration of Estates--Decedents and Others · Chapter 30

3B:30-7. No effect on ownership, cancellation, change permitted

54 words·~1 min read·/nj/title-3b/chapter-30/3b-30-7

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

7. 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 cancelled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.

L.1995,c.130,s.7.