18-A §6-305. Origination of registration in beneficiary form
Title 18-A: PROBATE CODE
Article 6: NONPROBATE TRANSFERS
Part 3: UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT HEADING: PL 1997, C. 627, §1 (NEW)
§6-305. 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. [1997, c. 627, §1 (NEW).]
SECTION HISTORY
1997, c. 627, §1 (NEW).