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

ID Code § 15-6-306 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.

History:

[15-6-306, added 1996, ch. 303, sec. 1, p. 997.]