75-6-303 - Registration in beneficiary form -- Sole or joint tenancy ownership.
75-6-303. Registration in beneficiary form -- Sole or joint tenancy ownership.
Only individuals whose registration of a security shows sole ownership by one individualor multiple ownership by two or more with right of survivorship, rather than as tenants incommon, may obtain registration in beneficiary form. Multiple owners of a security registered inbeneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or asowners of community property held in survivorship form, and not as tenants in common.
Enacted by Chapter 9, 1995 General Session