Code of Virginia § 64.2-614. Origination of registration in beneficiary form.
49 words·~1 min read·
/va/title-64-2/chapter-6/64-2-614A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
1994, c. 422 , § 64.1-206.3; 2012, c. 614 .