75-6-305. Orientation of registration in beneficiary form.
54 words·~1 min read·
/ut/title-75/chapter-6/75-6-305A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
75-6-305. Orientation of registration in beneficiary form.
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.
Enacted by Chapter 9 , 1995 General Session