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 201E UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT > Section 103 Registration of security in beneficiary form

Section 103 Registration of security in beneficiary form

[Text of section effective until July 1, 2011. Repealed by 2008, 521, Sec. 24. See 2008, 521, Sec. 44.]

Section 103. Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with rights of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with rights of survivorship, or tenants by the entireties, and not as tenants in common.