Legislation
SECTION 13-4.4
Origination of registration in beneficiary form
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 13, PART 4
§ 13-4.4 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.
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.