State Codes and Statutes
Statutes > Maine > Title18a > Title18-Ach6sec0 > Title18-Asec6-307Title 18-A: PROBATE CODE
Article 6: NONPROBATE TRANSFERS
Part 3: UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT HEADING: PL 1997, C. 627, §1 (NEW)
§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. [1997, c. 627, §1 (NEW).]
SECTION HISTORY
1997, c. 627, §1 (NEW).
