State Codes and Statutes

Statutes > New-york > Ept > Article-13 > Part-4 > 13-4-6

§ 13-4.6 Effect of registration in beneficiary form    (a)  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.    (b) A registration in beneficiary form can be revoked or amended by an  express  direction in the owner's will which specifically refers to such  registration.

State Codes and Statutes

Statutes > New-york > Ept > Article-13 > Part-4 > 13-4-6

§ 13-4.6 Effect of registration in beneficiary form    (a)  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.    (b) A registration in beneficiary form can be revoked or amended by an  express  direction in the owner's will which specifically refers to such  registration.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Ept > Article-13 > Part-4 > 13-4-6

§ 13-4.6 Effect of registration in beneficiary form    (a)  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.    (b) A registration in beneficiary form can be revoked or amended by an  express  direction in the owner's will which specifically refers to such  registration.