21.35.020 - Registering a security in beneficiary form -- Designation of beneficiary.
Registering a security in beneficiary form — Designation of beneficiary.
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 a sole owner or at the death of the last to die of multiple owners.
[1993 c 287 § 4.]