Section 1709.06 | Effect of designation of transfer-on-death.
Effective:
October 1, 1993
Latest Legislation:
House Bill 62 - 120th General Assembly
The designation of a transfer-on-death beneficiary on a registration in beneficiary form has no effect on ownership until the death of the owner of a security. A registration in beneficiary form of a security may be canceled or changed at any time by the sole owner or all of the then surviving owners of the security, without the consent of the beneficiary.
Available Versions of this Section
- October 1, 1993 – House Bill 62 - 120th General Assembly [ View October 1, 1993 Version ]