Origination of registration in beneficiary form

  1. Law
  2. District of Columbia Code
  3. Descent, Distribution, and Trusts. [Enacted title]
  4. Nonprobate Transfers on Death; Uniform Law
  5. Uniform TOD Security Registration
  6. Origination of registration in beneficiary form

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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.

(Apr. 27, 2001, D.C. Law 13-292, § 302(b), 48 DCR 2087.)

Editor's Notes

Uniform Law: This section is based upon § 304 of the Uniform Nonprobate Transfers on Death Act (1991 Act).


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