State Codes and Statutes

Statutes > New-mexico > Chapter-45 > Article-6 > Section-45-6-306

45-6-306. 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.   

State Codes and Statutes

Statutes > New-mexico > Chapter-45 > Article-6 > Section-45-6-306

45-6-306. 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.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-45 > Article-6 > Section-45-6-306

45-6-306. 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.