Designation of beneficiary to take ownership upon death of owner or owners to be included for security to be registered in beneficiary form.

Checkout our iOS App for a better way to browser and research.

A security, whether evidenced by a certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take ownership at the death of the owner or the death of all multiple owners.

HISTORY: 1997 Act No. 102, Section 1, eff June 13, 1997.


Download our app to see the most-to-date content.