§71-907. Effect of registration.
92 words·~1 min read·
/ok/title-71-securities/71-907A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. The designation of a TOD beneficiary on a registration in beneficiary form shall be subject to the provisions of Section 178 of Title 15 of the Oklahoma Statutes. Added by Laws 1994, c. 208, § 7, eff. Sept. 1, 1994.