§572C-7 - Termination of reciprocal beneficiary relationship; filing fees and records; termination upon marriage.
[§572C-7] Termination of reciprocal
beneficiary relationship; filing fees and records; termination
upon marriage. (a) Either party to a reciprocal beneficiary
relationship may terminate the relationship by filing a signed notarized
declaration of termination of reciprocal beneficiary relationship by either of
the reciprocal beneficiaries with the director. For the filing of the
declaration, the director shall collect a fee of $8, which shall be remitted to
the director of finance for deposit into the general fund.
(b) Upon the payment of the fee, the director
shall file the declaration and issue a certificate of termination of reciprocal
beneficiary relationship to each party of the former relationship. The
director shall maintain a record of each declaration and certificate of
termination of reciprocal beneficiary relationship filed with or issued by the
director.
(c) Any marriage license subsequently issued
by the department to any individual registered as a reciprocal beneficiary
shall automatically terminate the individual's existing reciprocal beneficiary
relationship.
(d) If either party to a reciprocal
beneficiary relationship enters into a legal marriage, the parties shall no
longer have a reciprocal beneficiary relationship and shall no longer be
entitled to the rights and benefits of reciprocal beneficiaries. [L 1997, c
383, pt of §1]