64.1-206.3 - Origination of registration in beneficiary form.

§ 64.1-206.3. Origination of registration in beneficiary form.

A security, whether evidenced by certificate or account, is registered inbeneficiary form when the registration includes a designation of abeneficiary to take the ownership at the death of the owner or the deaths ofall multiple owners.

(1994, c. 422.)