45-6-309. Nontestamentary transfer on death.
57 words·~1 min read·
/nm/chapter-45-uniform-probate-code/article-6-nonprobate-transfers/45-6-309·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and Sections 45-6-301 through 45-6-311 NMSA 1978 and is not testamentary. History: 1978 Comp., § 45-6-309, enacted by Laws 1992, ch. 66, § 45; 2005, ch. 143, § 4.