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Registration in Beneficiary Form; Sole or Joint Tenancy Ownership - Mich. Comp. Laws Section 700.6302

Legal Research Home > Michigan Laws > Estates And Protected Individuals Code > Registration in Beneficiary Form; Sole or Joint Tenancy Ownership - Mich. Comp. Laws Section 700.6302

700.6302 Registration in beneficiary form; sole or joint tenancy ownership.

Sec. 6302.

Only an individual whose registration of a security shows sole ownership by 1 individual or multiple ownership by 2 or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship or as tenants by the entireties, and not as tenants in common.


History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2000, Act 54, Eff. Apr. 1, 2000
Popular Name: EPIC

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Last modified: March 17, 2013