Skip to main content
Back To Top Top Back To Top
Home Button Home Button Home Button
The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1709.09 | Transfer-on-death is not testamentary.

Ohio Revised Code
/
Title 17 Corporations-Partnerships
/
Chapter 1709 Uniform Transfer-on-death Security Registration Act
 
Effective:
October 1, 1993
Latest Legislation:
House Bill 62 - 120th General Assembly
PDF:
Download Authenticated PDF
 

(A) Any transfer-on-death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner of the security and the registering entity and by reason of sections 1709.01 to 1709.11 of the Revised Code and is not testamentary.

(B) Sections 1709.01 to 1709.11 of the Revised Code do not limit the rights of creditors of the owners of securities against beneficiaries and other transferees under other laws of this state.

Available Versions of this Section