§ 16-106. Registration in beneficiary form -- Effect

MD Est & Trusts Code § 16-106 (2019) (N/A)
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(a)    The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner’s death.

(b)    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.