Effect of Registration in Beneficiary Form

1. Law
2. Massachusetts General Laws
3. Real and Personal Property and Domestic Relations
4. Descent and Distribution, Wills, Estates of Deceased Persons and Absentees, Guardianship, Conservatorship and Trusts
5. Massachusetts Uniform Probate Code
6. Nonprobate Transfers on Death
7. Effect of Registration in Beneficiary Form

Section 6–306. [Effect of Registration in Beneficiary Form.]

The designation of a transfer on death beneficiary on a registration in beneficiary form shall have no effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all surviving owners without the consent of the beneficiary.

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