TITLE 15

UNIFORM PROBATE CODE

CHAPTER 6

NONPROBATE TRANSFERS

PART 3.

UNIFORM TOD SECURITY REGISTRATION ACT

15-6-306.  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.

History:

[15-6-306, added 1996, ch. 303, sec. 1, p. 997.]