LegalFix
Sign In

Section 461.021 Beneficiary designation under written instrument or law, effect.

MO Rev Stat § 461.021 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 28 Aug 1995

461.021. Beneficiary designation under written instrument or law, effect. — A beneficiary designation, under a written instrument or law, that authorizes a transfer of property pursuant to a written designation of beneficiary, transfers the right to receive the property to the designated beneficiary who survives, effective on death of the owner, if the beneficiary designation is executed and delivered in proper form to the transferring entity prior to the death of the owner.

­­--------

(L. 1989 H.B. 145 § 23, A.L. 1995 S.B. 116)

Previous Section
Section 461.014 Transferring entity, obligation resulting from acceptance and registration.
Next Section
Section 461.023 Assignments effective on death of owner — delivery, effect.