75-6-307. Effect of registration in beneficiary form.
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75-6-307. Effect of registration in beneficiary form.
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.
Enacted by Chapter 9 , 1995 General Session