15-6-306 EFFECT OF REGISTRATION IN BENEFICIARY FORM.
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.
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