13-4.4 - Origination of registration in beneficiary form - New York Statutes - USA Laws Searching

Statutes > New York Statutes > EPT - Estates, Powers & Trusts > Article 13 - OTHER PROVISIONS AFFECTING ESTATES > Part 4 - (13-4.1 - 13-4.12) TRANSFER-ON-DEATH SECURITY REGISTRATION > 13-4.4 - Origination of registration in beneficiary form

13-4.4 - Origination of registration in beneficiary form

§ 13-4.4 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.