Statutes > Massachusetts Statutes > PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS > TITLE II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS > CHAPTER 190B MASSACHUSETTS UNIFORM PROBATE CODE > ARTICLE VI NONPROBATE TRANSFERS ON DEATH > Section 6-304 Origination of registration in beneficiary form

Section 6-304 Origination of registration in beneficiary form

[Text of section added by 2008, 521, Sec. 9 effective July 1, 2011. See 2008, 521, Sec. 44.]

Section 6-304. [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.