Section 7-11.1-5 Origination of registration in beneficiary form.

RI Gen L § 7-11.1-5 (2019) (N/A)
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§ 7-11.1-5. Origination of registration in beneficiary form. A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.

History of Section. (P.L. 1998, ch. 260, § 1.)