17-49a04

Chapter 17.--CORPORATIONS Article 49a.--UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT

17-49a04. Same; origination. 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: L. 1994, ch. 44, § 4; July 1.