Change in the Beneficiary Designation, Residency of the Owner, or Location of the Transferring Entity or Property

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Sec. 30. Except as otherwise provided by law, a transfer on death transfer and the obligation of a transferring entity to execute the transfer on death transfer that are subject to this chapter under section 2(b) of this chapter remain subject to this chapter notwithstanding a change in the:

(1) beneficiary designation;

(2) residency of the owner;

(3) residency or place of business of the transferring entity; or

(4) location of the property.

As added by P.L.143-2009, SEC.41.


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