Statutes > Alaska Statutes > Title 13 - DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, AND TRUSTS > Chapter 13.33. - NONPROBATE TRANSFERS > Article 03 - UNIFORM TRANSFER-ON-DEATH SECURITY REGISTRATION ACT > Sec. 13.33.309. - Nontestamentary transfer on death.

Sec. 13.33.309. - Nontestamentary transfer on death.

(a) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and AS 13.33.301 - 13.33.310 and is not testamentary.

(b) AS 13.33.301 - 13.33.310 do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.