Ownership not affected until owner's death; cancellation or change.

  1. Law
  2. South Carolina Code of Laws
  3. Securities
  4. Uniform Transfer On Death Security Registration Act
  5. Ownership not affected until owner's death; cancellation or change.

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

The designation of a transfer on death beneficiary on a registration in beneficiary form has 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 then surviving owners, without the consent of the beneficiary.

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


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