Statutes > Massachusetts Statutes > PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS > TITLE II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS > CHAPTER 201E UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT > Section 107 Cancellation of registration of security in beneficiary form

Section 107 Cancellation of registration of security in beneficiary form

[Text of section effective until July 1, 2011. Repealed by 2008, 521, Sec. 24. See 2008, 521, Sec. 44.]

Section 107. The designation of a transfer on death beneficiary on a registration in beneficiary form shall have 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 surviving owners without the consent of the beneficiary.