Corporations, Associations, and Partnerships

CHAPTER 7-11.1
The Uniform Transfer on Death Security Registration Act

SECTION 7-11.1-5

§ 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.)