Origination of registration in beneficiary form

  1. Law
  2. Maine Revised Statutes
  3. PROBATE CODE
  4. NONPROBATE TRANSFERS ON DEATH
  5. TRANSFER ON DEATH SECURITY REGISTRATION
  6. Origination of registration in beneficiary form

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§6-304. 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.   [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

SECTION HISTORY

PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).


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