State Codes and Statutes

Statutes > Washington > Title-21 > 21-35 > 21-35-030

Designation of a TOD or POD beneficiary — Effect on ownership — Cancellation or change.

The designation of a TOD or POD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death, or on community property rights and obligations of owners. 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.

[1993 c 287 § 6.]

State Codes and Statutes

Statutes > Washington > Title-21 > 21-35 > 21-35-030

Designation of a TOD or POD beneficiary — Effect on ownership — Cancellation or change.

The designation of a TOD or POD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death, or on community property rights and obligations of owners. 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.

[1993 c 287 § 6.]


State Codes and Statutes

State Codes and Statutes

Statutes > Washington > Title-21 > 21-35 > 21-35-030

Designation of a TOD or POD beneficiary — Effect on ownership — Cancellation or change.

The designation of a TOD or POD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death, or on community property rights and obligations of owners. 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.

[1993 c 287 § 6.]