“Governing instrument” defined. “Governing instrument” means:
1. A deed, will, trust, insurance policy or annuity, designated as payable on death;
2. A security registered as transferable on death;
3. A pension, profit-sharing, retirement or similar benefit plan;
4. An instrument creating or exercising a power of appointment or a power of attorney; or
5. A dispositive, appointive or nominative instrument of any similar type.
Last modified: February 25, 2006