Statutes > Minnesota Statutes > Chapters 524 - 532 Estates of Decedents; Guardianships > Chapter 524 Uniform Probate Code > Section 524.6-306 Effect of Registration in Beneficiary Form

Section 524.6-306 Effect of Registration in Beneficiary Form

524.6-306 EFFECT OF REGISTRATION IN BENEFICIARY FORM.

The designation of a TOD beneficiary on a registration in beneficiary form has 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 then surviving owners without the consent of the beneficiary.

History:

1992 c 461 art 2 s 6