Section 7-11.1-7 Effect of registration in beneficiary form.

RI Gen L § 7-11.1-7 (2019) (N/A)
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§ 7-11.1-7. 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 of Section. (P.L. 1998, ch. 260, § 1.)